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Home > Energy Efficiency Tips & Tools

Energy Efficiency Tips and Tools

What is the Double Return Summer Savings Program?

  • It's a simple proposition. Reduce your peak electricity consumption and we'll pay you for it — twice.
  • All of Hydro One Networks' commercial and industrial distribution-connected customers with interval meters are eligible for this program.
  • All it takes is for you to reduce your company's average peak consumption by a minimum of 5% over the program period and you will be rewarded with a cheque from Hydro One for double the amount of what you save in delivery charges.

Learn more about the Double Return Program, read our press release or download our Fact Sheet (PDF 299 KB).

How can my business benefit?
Take control of your electricity costs and make a positive return on your bottom line. When you reduce average peak electricity demand by five to 10 per cent, Hydro One will give your company a cheque for double the amount of what you save in delivery charges. Trimming a controllable cost can realize a positive return. With energy efficiency improvements to technology for commercial/industrial lighting, heating and cooling, a five to 10 per cent reduction to average peak load is certainly a realistic target.

To help you reduce your electricity consumption this summer, download Hydro One's Energy Efficiency Guides for different technologies:

Login to the secure Double Return websiteWhere can I find up-to-date information about my peak load?
Click the yellow "Login" button to access a secure, confidential website where you can find your current peak information, savings targets and associated financial incentives. Peak load information will be updated on a weekly basis.

How does the program work?

  • There is nothing you need to do to enroll in the Double Return Program. All Hydro One commercial/industrial distribution- connected customers are automatically enrolled.
  • The program runs for two three-month periods:
    • Winter period runs from December 1, 2006 to February 28, 2007 and winter period participants can expect a cheque in early May 2007.
    • Summer period runs from June 1, 2007 to August 31, 2007 and summer period participants can expect a cheque in early November 2007.
  • Savings will be calculated based on the comparison of your current average peak to the average peak in the same period of the previous year.

Launch the Double Return BONUS surveyEXAMPLE:

Average Monthly Peak:
2 MW
Average Monthly Consumption:
1250 MWh
TARGET
 
10% Load Reduction
(through reduced lighting, HVAC, and non-critical equipment usage or through on-site generation)
200 kW
 
SAVINGS
10%

Program Impact
(all figures are approximate and signify maximum potential for savings)

Customer Savings/month
 
Reduced Delivery Charges /month (200kW)
$2,400
Energy (kWh) Reduction/month (up to 125MWh)
$6,000
Double Return Incentive/month (delivery charges)
$4,800
Total Monthly Savings
$13,200
Total Savings for 6 months
$79,200
  • Hydro One will supply an energy efficiency guide to help you make no cost or low cost operational changes which can significantly impact your company's bottom line.
  • Customers who require assistance in developing a plan to reduce peak can take advantage of one-on-one consultations with an energy specialist. At your request Hydro One's energy expert will visit your company to conduct a walk-through to identify energy-saving opportunities. Call 1-877-345-6942 to book your consultation today.

Does my business qualify?
All commercial/industrial distribution-connected customers with an interval meter are eligible to participate in the Double Return Program.

Will I get more back if I reduce my peak by more than 10%?
Incentives are capped at 10%, but you'll continue to make real gains on your bottom line from the additional savings trimmed off your electricity costs!

What are my costs to participate?
How much your company invests in energy efficiency improvements is really up to you. A walk-through of your company's facility may prove that a five to 10 per cent reduction in peak electricity load is achievable through operational changes at little or no cost.


 

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