Closed
XLerate Program - Project Feasibility Study (PFS)
Funding for industrial project feasibility studies
Last Update: April 29, 2026
Funding available
$ 100,000
Timeline
- Receipt of requests is now closed
Location
Ontario, Canada
Overview
This program provides funding for Project Feasibility Studies under the XLerate Program. It supports reports assessing potential industrial projects expected to deliver electricity savings.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Implement environmental initiatives
- Optimize production processes
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 100,000 $
- Up to 50% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Utilities
- Manufacturing
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
- Project Feasibility Studies for industrial processes.
- Studies assessing potential projects expected to generate electricity savings.
Documents Needed
- Project Feasibility Study application
- Project Feasibility Study report
- Supporting receipts and invoices
- Release Waiver and Consent
Eligibility
Who is eligible?
- Applicants under the XLerate Program
- Businesses carrying out industrial-process projects
- Organizations planning projects expected to generate electricity savings
Who is not eligible
- Applicants whose PFS application does not meet the program eligibility criteria or minimum requirements.
- Applicants whose report does not meet the PFS minimum requirements.
Eligible expenses
- Costs incurred to complete the Project Feasibility Study report.
- Eligible PFS costs as defined by the program requirements.
Ineligible Costs and Activities
- Costs incurred before the PFS Letter of Approval, unless otherwise approved by IESO.
Eligible geographic areas
- Ontario
Processing and Agreement
- The application is reviewed by the IESO against eligibility criteria and minimum requirements.
- If approved, the applicant receives a written PFS Letter of Approval with the funding amount.
- The report is then submitted for IESO and Technical Reviewer review and approval.
- If deficiencies are found, the applicant may be allowed time to revise and resubmit the report.
- Payment is issued after approved supporting documentation is received.
Additional information
- The applicant must submit a Project Feasibility Study report for IESO review and approval.
- The report must be signed by a qualified professional in good standing.
- Supporting receipts and invoices must be provided after report approval.
Contacts
Frequently Asked Questions about the XLerate Program - Project Feasibility Study (PFS) Program
Here are answers to the most common questions about the XLerate Program - Project Feasibility Study (PFS). 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 XLerate Program - Project Feasibility Study (PFS)?
This program provides funding for Project Feasibility Studies under the XLerate Program. It supports reports assessing potential industrial projects expected to deliver electricity savings.
How much funding can be received?
XLerate Program - Project Feasibility Study (PFS) Funds up to 50% of admissible expenses, capped at $100,000 per project.
Who is eligible for the XLerate Program - Project Feasibility Study (PFS) program?
To be eligible for the XLerate Program - Project Feasibility Study (PFS) program, you must:
Meets XLerate eligibility and minimum requirements
Signed by a qualified professional
Applicant has project authority
What expenses are eligible under XLerate Program - Project Feasibility Study (PFS)?
Project Feasibility Studies for industrial processes.
Studies assessing potential projects expected to generate electricity savings.
Who can I contact for more information about the XLerate Program - Project Feasibility Study (PFS)?
You can contact Independent Electricity System Operator (IESO) by email at XLerate@ieso.ca.
Where is the XLerate Program - Project Feasibility Study (PFS) available?
The XLerate Program - Project Feasibility Study (PFS) program is available the province of Ontario.
Is the XLerate Program - Project Feasibility Study (PFS) a grant, loan, or tax credit?
XLerate Program - Project Feasibility Study (PFS) is a Grant and Funding