At Elexicon Energy, we believe the smallest of efforts can make the greatest of impacts. That’s why when it comes to your business’ electricity bill, we want to help you save both energy and money to improve your bottom line.

Take advantage of the rebates and programs available through the Independent Electricity System Operator (IESO) and Enbridge, to find opportunities to reduce your energy consumption and help save the planet.

IESO and Save on Energy

Small Business Program

The Small Business Program is designed to help you make equipment improvements to reduce energy consumption in your small business. If approved for the program, businesses can receive incentives of up to $2,000 for eligible lighting equipment and up to $2,500 for eligible non-lighting equipment.

Retrofit Program

The Retrofit Program, available to businesses and contractors, offers incentives for energy-efficient improvements under these categories: Lighting, HVAC, and Manufacturing and other equipment. These incentives are available to owners or lessees of commercial spaces, industrial facilities, institutional buildings, multi-unit residential buildings and agriculture.

Industrial Energy Efficiency Program (IEEP)

The Save on Energy Industrial Energy Efficiency Program (IEEP), delivered by IESO, is designed to help industrial customers across Ontario improve their processes and implement system optimization projects. Projects will use commercial technologies to lower energy consumption and reduce electricity bills.

Customers must apply for the program that will offer selected participants up to $5 million per project in incentives. The total funding of nearly $80 million will be awarded over two competitive rounds in 2022 and 2023.

Industrial Conservation Initiative

The Industrial Conservation Initiative (ICI) is a demand response program aimed at shifting Elexicon’s Energy’s large electricity users’ consumption to off-peak hours. This allows our larger hydro customers to manage their Global Adjustment (GA) costs by reducing demand during peak periods.

To learn more about the program, who is eligible, and how to opt in or opt out, visit Industrial Conservation Initiative.

Capacity Auction

A Capacity Auction allows IESO to acquire electricity capacity in a cost-effective manner to adjust to the changing demands on the system. The Capacity Auction acquires capacity from two Obligation periods – Summer (May 1 to October 31) and Winter (November 1 to April 30).


Equipment Upgrades

Upgrading to energy-efficient equipment can reduce energy costs, lower your carbon footprint and create a safer work environment. Discover the programs and incentives to help you upgrade including:

To learn more about the available projects and how to apply, visit Equipment Upgrades.

New Construction

Enbridge offers consulting services to help during the new construction design stage to build-energy efficient, sustainable buildings and avoid costly changes later in the project. These programs include:

To learn more about the programs and types of buildings available for incentives, visit New Construction.

Retrofits & Customer Projects

Retrofits make good business sense. These upgrades can make commercial and residential buildings and other facilities more energy-efficient, reducing operating costs and increasing profitability. These programs include:

To learn more about the incentives available, visit Retrofits and Custom Projects.

Audits, Studies & Assessments

When you know how energy is being used in your workplace you can make decisions that can help you find efficiencies and reduce costs. Enbridge Energy Solutions Advisors will conduct an energy audit to help you identify energy-saving opportunities and create a plan for your business.

To learn more and book an assessment, visit Audits, Studies & Assessments.

Energy Saving Tips

Visit Elexicon’s Energy Saving Tips page for proactive ways you can save.