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Retrofit Program Participant Agreement
Funding for business energy-efficiency upgrades
Last Update: May 2, 2026
Funding available
$ 250,000
Timeline
- Closing date : March 31, 2027
Location
Ontario, Canada
Overview
Save on Energy supports electricity-efficiency upgrades for eligible businesses and facilities. Funding can cover up to 50% of eligible project costs for prescriptive and custom measures, including solar PV, EMIS, HVAC, motors, compressed air, and other energy-saving upgrades.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 250,000 $
- Up to 50% of project cost
Timeline
- Closing date : March 31, 2027
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Utilities
- Manufacturing
- Wholesale trade
- Retail trade
- Real estate and rental and leasing
- Educational services
- Health care and social assistance
- Accommodation and food services
Location
- Ontario
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Energy-efficiency retrofit projects for existing facilities
- Prescriptive upgrades such as solar PV, HVAC, motors, and controls
- Custom retrofit projects based on facility operating conditions
- Industrial EMIS installations
- Behind-the-meter solar PV load displacement projects
Documents Needed
- Project quote or proposal
- Equipment specification sheets
- Existing equipment list or inventory
- Photos of existing and installed equipment
- Custom worksheet or M&V plan, if required
Eligibility
Who is eligible?
- Commercial businesses
- Industrial facilities
- Institutional organizations
- Multi-family residential buildings
- Agricultural facilities
Who is not eligible
- Residential-only customers
- Projects with prior binding commitments
- Projects using net metering for solar PV
- Measures already incentivized by another government-funded program
Eligible expenses
- Equipment purchase costs
- Third-party installation labour
- Energy audit costs for custom projects
- Design, engineering, and architecture costs
- Project management, shipping, disposal, and M&V plan costs
Ineligible Costs and Activities
- Participant labour, service, administration, and overhead not billed by a third party
- Financing, leasing, and insurance costs
- Maintenance, repair, spare parts, and tools
- HST
- Costs already funded by other government programs or rebates
Eligible geographic areas
- Ontario
Processing and Agreement
- Applications are reviewed by a technical reviewer after submission.
- Additional information or revisions may be requested during review.
- Pre-approval is issued if the project is deemed eligible.
- After completion, the post-project submission is reviewed before final approval.
- Payment is made after invoice approval.
Additional information
- Only one incentive per project.
- Applications must be submitted in the Retrofit Portal.
- Participants may need to accept a participant agreement.
- Some projects may be subject to QA/QC review.
Contacts
Frequently Asked Questions about the Retrofit Program Participant Agreement Program
Here are answers to the most common questions about the Retrofit Program Participant Agreement. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Retrofit Program Participant Agreement?
Save on Energy supports electricity-efficiency upgrades for eligible businesses and facilities. Funding can cover up to 50% of eligible project costs for prescriptive and custom measures, including solar PV, EMIS, HVAC, motors, compressed air, and other energy-saving upgrades.
How much funding can be received?
Retrofit Program Participant Agreement Funds up to 50% of admissible expenses, capped at $250,000 per project.
Who is eligible for the Retrofit Program Participant Agreement program?
To be eligible for the Retrofit Program Participant Agreement program, you must:
Measurable electricity savings
No prior binding commitment
Project must meet program rules
What expenses are eligible under Retrofit Program Participant Agreement?
Energy-efficiency retrofit projects for existing facilities
Prescriptive upgrades such as solar PV, HVAC, motors, and controls
Custom retrofit projects based on facility operating conditions
Industrial EMIS installations
Behind-the-meter solar PV load displacement projects
Who can I contact for more information about the Retrofit Program Participant Agreement?
You can contact Independent Electricity System Operator (IESO) by email at retrofit@ieso.ca or by phone at 1-844-303-5542.
Where is the Retrofit Program Participant Agreement available?
The Retrofit Program Participant Agreement program is available the province of Ontario.
Is the Retrofit Program Participant Agreement a grant, loan, or tax credit?
Retrofit Program Participant Agreement is a Other Support