Time is running out for high-rise and multi-storey buildings scheduled to finish before 2015.
Grants are available for energy conservation initiatives taken at the design, development and construction phases of new and existing properties. Residential, commercial, institutional or industrial projects can be reimbursed up to 50% of the costs of implementing commercially available energy-saving measures. The amount of the reimbursement will depend on the estimated energy savings, as well as the type of conservation project.
Due to the vast number of programs available, there are many ways your project can qualify for these grants. Heating and air condition systems, lighting systems and controls, high-rise construction, and innovative energy saving architecture and designs are just some of the many ways to qualify.
Currently, an incentive for high-rise and multi-storey buildings is expiring at the end of 2014. It is available for new buildings and major renovation projects in office buildings, industrial buildings, retail spaces, multi-residential buildings, housing complexes, colleges, universities, schools, hospitals, long-term care facilities, hotels, and motels. If eligible, your project can receive:
- 100% reimbursement (up to $10,000) for modelling a building
- Up to $400 every kilowatt saved for lighting measures
- up to $800 for every kilowatt saved for non-lighting measures
- up to $75 per appliance
All applications need to be submitted before beginning construction in order to qualify for the program. The projects must be in Ontario, comply with Part 3 of the Ontario Building Code (OBC), and be intended for commercial, institutional, industrial or multi-residential occupancy.
We can provide you with the guidance you need to take advantage of these and other available financial incentives. We only charge on a contingency basis. These opportunities won’t be available forever, so call us for a free consultation at 416-746-9044 or send us an e-mail.