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Home > Energy Efficiency Tips & Tools What is the Double Return
Program? It's a simple proposition. Reduce your peak electricity demand between 7:00 a.m. and 7:00 p.m. during business hours (excluding holidays) and we'll pay you for it twice. Who is eligible for the program?
To learn more about the Double Return Program, read our FAQs for Commercial/Industrial
Distribution customers (PDF 295 KB), or our FAQs for Transmission-connected
customers (PDF 295 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 5-10% between the hours of 7:00 a.m. and 7:00 p.m. during business days, 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. The 5-10% reduction in peak can be achieved by rescheduling processes, reduced HVAC, shutting down non critical equipment or through energy saving measures with minimal or no impact on normal business operations. To help you reduce your electricity consumption, download these Energy Efficiency Guides for different technologies:
Starting January 1, 2009, click the "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?
EXAMPLE:
Program Impact
* Assumes savings due to reduced load and consumption. Customers who require assistance in developing a plan to reduce peak demand can take advantage of one-on-one consultations with an energy specialist. At your request, a Hydro One energy expert will visit your company to conduct a walk-through to identify peak reduction opportunities. E-mail DoubleReturn@HydroOne.com or call 1-877-345-6942 to book your consultation today. 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!
There is no fee to participate in the Double Return Program. However,
how much your company invests in energy efficiency improvements is really
up to you. A walk-through of your companys facility may prove that
a 5 - 10% reduction in peak electricity load is achievable through operational
changes at little or no cost. |
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