Closed
Save on Energy Process & Systems Upgrades Program
Incentives for capital-intensive energy upgrades
Last Update: May 6, 2026
Funding available
$ 10,000,000
Timeline
- Closing date : December 31, 2020
Location
Ontario, Canada
Overview
Financial incentives are available for capital-intensive energy efficiency and generation projects, as well as engineering feasibility studies. The program supports eligible projects that deliver electricity savings and related technical studies.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Implement environmental initiatives
- Increase operational productivity
Eligible Funding
- Maximum amount : 10,000,000 $
- Up to 70% of project cost
Timeline
- Closing date : December 31, 2020
Eligible candidates
Eligible Industries
- Utilities
- Manufacturing
- Professional, scientific and technical 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
- Implementation of energy efficiency projects
- Implementation of electricity generation projects for own use
- Engineering feasibility studies for potential energy-saving projects
Documents Needed
- Project application form
- Engineering Feasibility Study application, if applicable
- M&V plan agreed with the Technical Reviewer
- Invoice reconciliation form
- Supporting invoices and cost documentation
Eligibility
Who is eligible?
- Electricity customers that own and/or occupy the facility
- Third-party participants installing and operating a project on behalf of a facility owner/operator
- Participants seeking an engineering feasibility study for an eligible project
Who is not eligible
- Insolvent applicants
- Third-party participants applying for engineering feasibility study funding
- Projects that are lighting or demand response
- Projects already committed, contracted, or with equipment ordered before application
Eligible expenses
- Capital expenses for the project
- Equipment, products, and software
- Engineering, technical, professional, and contracting services
- Data collection, metering, and M&V-related costs
- Travel, printing, permits, licences, and environmental assessment costs
Ineligible Costs and Activities
- Application preparation and review costs
- HST and financing-related costs
- Costs reimbursed by third-party contributions
- Projects involving lighting, demand response, or unproven technologies
- Projects already started, contracted, or purchased before application
Eligible geographic areas
- Facilities connected to the IESO-controlled grid
- Facilities connected to a distribution system
Processing and Agreement
- Applications are reviewed and approved by the IESO.
- A Letter of Approval is issued for approved studies or projects.
- The participant must enter into the required terms and conditions.
- Payment depends on M&V reports and verification of electricity savings.
- The IESO may request additional reporting and audit access to project data.
Additional information
- Participants may choose between advanced and deferred payment options, subject to IESO approval.
- A Technical Reviewer develops the M&V plan for each project.
- The IESO may require further M&V reports and may extend the reporting period.
Contacts
Frequently Asked Questions about the Save on Energy Process & Systems Upgrades Program Program
Here are answers to the most common questions about the Save on Energy Process & Systems Upgrades Program. 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 Save on Energy Process & Systems Upgrades Program?
Financial incentives are available for capital-intensive energy efficiency and generation projects, as well as engineering feasibility studies. The program supports eligible projects that deliver electricity savings and related technical studies.
How much funding can be received?
Save on Energy Process & Systems Upgrades Program Funds up to 70% of admissible expenses, capped at $10,000,000 per project.
Who is eligible for the Save on Energy Process & Systems Upgrades Program program?
To be eligible for the Save on Energy Process & Systems Upgrades Program program, you must:
Electricity customer or third-party participant
Facility connected to the grid or distribution system
Project must deliver electricity savings
What expenses are eligible under Save on Energy Process & Systems Upgrades Program?
Implementation of energy efficiency projects
Implementation of electricity generation projects for own use
Engineering feasibility studies for potential energy-saving projects
Who can I contact for more information about the Save on Energy Process & Systems Upgrades Program?
You can contact Independent Electricity System Operator (IESO) by email at none or by phone at none.
Where is the Save on Energy Process & Systems Upgrades Program available?
The Save on Energy Process & Systems Upgrades Program program is available the province of Ontario.
Is the Save on Energy Process & Systems Upgrades Program a grant, loan, or tax credit?
Save on Energy Process & Systems Upgrades Program is a Researchers And Facilities