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We're Partnering to Help You Save Energy
Festival Hydro Inc. is pleased to announce our renewed partnership with the Independent Electricity System Operator (IESO) to support and promote Save on Energy programs from 2025 through 2027.
Explore this page to learn more about the latest energy-saving programs and incentives available through Save on Energy as well as locally available programs.
The Home Renovation Savings Program, offered through Save on Energy in partnership with Enbridge Gas and the Government of Ontario, helps homeowners improve energy efficiency and reduce utility costs. Whether you heat your home with electricity or natural gas, the program offers valuable incentives for a range of upgrades.
Homeowners can choose to start with a home energy assessment, which qualifies them for rebates on multiple upgrades such as insulation, windows and doors, air sealing, and heat pump water heaters. Alternatively, you can skip the assessment and receive rebates for individual upgrades like cold-climate air source heat pumps, ground source heat pumps, smart thermostats, and solar panels with battery storage.
This program is designed to make energy-efficient home improvements more affordable while enhancing comfort and sustainability.
For more information please visit: Home Renovation Savings Program | Save on Energy.
The Energy Affordability Program, offered by Save on Energy and managed by the Independent Electricity System Operator (IESO), provides no-cost energy solutions to income‑eligible electricity consumers across Ontario.
Participants can qualify for one of two levels of support:
To be eligible, applicants must be Ontario residents listed on the utility account and meet income thresholds or have received qualifying social assistance such as ODSP, OESP, LEAP, or other government benefits
For more information please visit: Energy Affordability Program | Save on Energy.
The Peak Perks program, offered through Save on Energy in collaboration with the Independent Electricity System Operator (IESO), delivers a seamless and rewarding way for Ontario homeowners to contribute to grid reliability during peak summer demand.
Participants who enroll—commercial households—and own a central air conditioning system or heat pump controlled by an eligible Wi‑Fi‑enabled smart thermostat receive a $75 virtual prepaid Mastercard® upon joining, plus $20 each year they remain enrolled.
During the summer months (June through September), Peak Perks activates up to ten short events—on weekdays only—during periods of high electricity demand. These events automatically adjust your thermostat by up to two degrees Celsius, typically for no longer than three hours. You are notified in advance and can opt out anytime via your thermostat’s app or device. Once the event ends, your settings return to normal.
Beyond household savings, enrolling in Peak Perks helps reduce stress on Ontario’s electricity grid—boosting reliability and supporting a more sustainable energy system.
For more information please visit: Peak Perks | Save on Energy.
The HomeEnergySaver Program, provided by Save on Energy, offers financial incentives to Ontario homeowners with electric heating systems in designated areas. The goal is to make energy-efficient heat pump installations more affordable while improving comfort and reducing energy use.
Eligible homeowners can receive rebates of up to:
To participate, a homeowner must:
The application process involves:
This program supports regional energy demand management strategies by targeting homes in areas where grid reliability may benefit from reduced electrical load.
For more information please visit: HomeEnergySaver Program | Save on Energy.
The Advice & Tips section from Save on Energy offers a wealth of practical guidance to help homeowners across Ontario make their homes more energy-efficient, comfortable, and cost-effective—no matter the season or budget.
You'll find a diverse array of topics, including:
For more information please visit: Energy Saving Tips and Advice for your Home | Save on Energy.
The Small Business Program, offered by Save on Energy in Ontario, helps small enterprises boost energy efficiency with no cost to the business. Eligible businesses—those operating with 50 or fewer employees—can receive up to $3,000 in incentives for lighting upgrades and $2,500 for non-lighting upgrades, such as refrigeration and smart thermostat systems.
How it works:
Program advantages include:
Important eligibility notes:
For more information please visit: Small Business Program | Save on Energy.
The Peak Perks program, part of Ontario’s Save on Energy initiatives administered by the Independent Electricity System Operator (IESO), offers homeowners and small businesses an uncomplicated way to earn rewards while helping stabilize the electricity grid during hot summer days.
When you enroll and your home has central air conditioning or a heat pump controlled by an eligible Wi‑Fi-enabled smart thermostat, you'll receive a $75 virtual prepaid Mastercard® as a welcome reward. Continue participating each year, and you're eligible for an additional $20 preload—as long as you're enrolled by September 30, 2024, to receive the 2025 incentive.
During summer (June to September), Peak Perks may activate up to 10 short events—occurring only on weekdays—where your thermostat is automatically adjusted by up to 2°C for no more than three hours. Some pre‑cooling may occur just before the event to maintain comfort. You'll receive advance notification and retain full control, with the ability to opt out anytime via your thermostat or app. Once the event ends, your settings revert to normal.
Why participate?
Who is eligible?
For more information please visit: Peak Perks | Save on Energy.
The Instant Discounts Program delivers immediate savings on energy-efficient lighting products for businesses, institutions, and multi-unit residential facilities across Ontario—without the hassle of paperwork or waiting periods.
Point-of-sale discounts are applied instantly by participating distributors when eligible lighting products are purchased, helping you reduce energy use, boost cost savings, and modernize your space.
Who Can Participate:
Businesses operating in commercial, agricultural, industrial, institutional, or multi-unit residential buildings—provided they are existing facilities upgrading less‑efficient lighting—are eligible for these discounts.
What’s Included:
A broad range of energy-efficient lighting products qualify, including:
Discount values per unit vary—ranging from a few dollars up to $140 for certain high-output fixtures.
How It Works:
Important Notes:
For more information please visit: Instant Discounts Program | Business and Industry incentives | Save on Energy.
The Retrofit Program offers financial incentives to Ontario businesses, institutions, and multi-unit residential facilities for implementing energy-efficient upgrades that reduce electricity consumption, lower operational costs, and support sustainability goals. Eligible participants can receive up to 50% of eligible project costs through two streams: Prescriptive and Custom.
Prescriptive Stream
Designed for straightforward upgrades, the Prescriptive Stream provides fixed incentives for specific measures, including:
Incentives are also available for greenhouse and agricultural equipment, such as horticultural lighting and dairy plate coolers.
Custom Stream
For larger or more complex projects, the Custom Stream offers flexible incentives based on actual energy savings:
This stream is ideal for projects that don't fit standard measures, such as HVAC redesigns or custom equipment retrofits.
Eligibility
The Retrofit Program is open to:
If you lease your facility, you must have the owner's consent to participate.
How It Works
For more information or to apply please visit Retrofit Program | Business and Industry incentives | Save on Energy.
For more resources for your small business please visit: Small Business Resources and Tools | Save on Energy.
The Expanded Energy Management Program helps Ontario’s industrial, commercial, and institutional facilities improve energy performance through financial incentives and expert support. It offers funding to hire full-time energy managers, implement energy management systems, and train energy practitioners, enabling businesses to reduce energy use, lower costs, and meet sustainability goals.
Program Highlights:
How to Apply:
Apply via the EEM Program portal. For questions, contact SEM@ieso.ca.
For more information please visit: Expanded Energy Management Program | Business and Industry incentives | Save on Energy.
The Energy Performance Program (EPP) offers Ontario businesses, institutions, and industrial facilities a performance-based incentive to enhance energy efficiency through both capital and operational improvements. Participants receive financial rewards for achieving verified electricity savings, with higher incentives for reductions during peak summer hours.
Key Features:
Eligibility:
How to Apply:
For assistance, contact info@energyperformanceprogram.ca or call 1-888-852-2440.
For more information please visit: Energy Performance Program | Business and Industry incentives | Save on Energy.
The EBCx Program helps commercial and institutional building owners in Ontario improve energy efficiency by identifying and fixing operational issues. The program offers incentives to cover the costs of commissioning activities that reduce energy waste, improve occupant comfort, and lower operating costs.
Eligibility:
Program Phases & Incentives:
Common Measures: Optimize HVAC settings, reduce equipment runtime, eliminate simultaneous heating/cooling, and more.
How to Apply:
Contact EBCx@ieso.ca to get started.
For more information please visit: Existing Building Commissioning program | Business and Industry incentives | Save on Energy.
The Save on Energy Retrofit Program offers financial incentives to Ontario businesses, institutions, and agricultural facilities for implementing energy efficiency upgrades. Eligible projects can receive up to 50% of eligible costs covered through two main streams:
Example of Eligible Facilities Include:
For more information or to apply please visit: Retrofit Program | Business and Industry incentives | Save on Energy.
The Industrial Energy Efficiency Program (IEEP), managed by the IESO's Save on Energy initiative, offers Ontario-based industrial facilities financial incentives to implement energy-saving projects. Eligible projects can receive up to $5 million in incentives, supporting initiatives that deliver significant electricity savings through proven commercial technologies.
Eligibility Criteria:
Application Process:
The program operates on a competitive funding basis, with applications ranked based on projected electricity savings and cost-effectiveness.
Contact Information:
For more details or assistance, reach out to IndustrialEEProgram@ieso.ca
For more information please visit: Industrial Energy Efficiency Program | Save on Energy.
The First Nations Community Building Retrofit Program provides comprehensive funding and support to on‑reserve First Nation communities in Ontario for energy-efficiency upgrades in band-owned commercial and institutional buildings.
** What’s Included: **
Implementation Pathways:
Eligibility:
Benefits:
For more information please visit: First Nations Community Building Retrofit Program | Save on Energy.
The Remote First Nations Energy-Efficiency Program supports remote First Nations communities in Ontario—particularly those gaining transmission grid access—to improve energy efficiency, reduce costs, and enhance comfort in homes and local businesses.
How It Works
The program operates in two key steps:
Who’s Eligible
Participation is open to homes and businesses in select remote First Nations communities in Ontario, including—but not limited to—Bearskin Lake, Deer Lake, Kasabonika Lake, Keewaywin, Kingfisher Lake, Kitchenuhmaykoosib Inninuwug, Muskrat Dam, North Caribou Lake, North Spirit Lake, Pikangikum, Poplar Hill, Sachigo Lake, Sandy Lake, Wapekeka, and Wawakapewin.Save on Energy
Application Process
Program representatives initiate contact with the Chief and Council of eligible communities to confirm interest. Once confirmed, households and businesses are invited to participate. Registration and explanations of the process—including eligibility and participant agreements—are managed by the Remote First Nations Energy-Efficiency Program delivery partner.
For more information please visit: Remote First Nations Energy-Efficiency Program | Save on Energy.
For details on all Save On Energy programs visit saveonenergy.ca.
Training & Support
Looking for additional training & support with the Save on Energy programs? Visit Training and Support | Save on Energy today!
City of Stratford's Green Recognition Program
Locally, the City of Stratford's Green Recognition Program is promoting sustainable practices within the community and raising awareness of initiatives being undertaken to reduce greenhouse gas (GHG) emissions.
This program is a community call to action, and part of our efforts to meet the City’s emissions reduction targets of 30% by 2030 and net-zero by 2050.
The recognition program aims to inspire community members to take meaningful action towards addressing the impacts of climate change through a wide variety of green initiatives, and directly contribute to our GHG reduction targets.
It will also serve as an educational tool to amplify community-led efforts and sustainable practices, celebrate the success of initiatives underway and encourage further participation from the community.
The Green Recognition Program will offer the following categories for participation:
Waste Reduction & Diversion
Energy Management & Electrification
Green Building Award (New & Existing)
To get all the details about the program, eligibility, and application process, visit the City of Stratford website.
Looking to contact our Electricity Demand Side Management Team?
Contact us at eDSM@festivalhydro.com today!