If you’re not familiar with the tremendous cost sharing programs available to your business through Ontario’s Save-ON-Energy program, now’s the time to get on-board. For example, wouldn’t it be nice to replace dated, inefficient equipment with modern energy efficient equipment that can lower your operating costs by 50% or more – and have the government pick up as much as half the total project cost?
Does this sound too good to be true? What’s the catch you may ask…?
The truth is it costs more to build new power generation plants than it does to provide incentive programs to reduce demand. Whether it’s atomic power plants, coal-fired or gas-fired, solar or wind, the cost per kilowatt to generate new power comes at a very high price.
Therefore the smart thing to do is to entice people to use less electricity – and that’s exactly what the Save-ON-Energy program is all about.
What equipment does this program cover?
Save-ON-Energy will cover up to 50% of your costs for:
- Lighting retrofits
- Lighting controls
- HVAC redesign
- Chiller replacement
- Variable speed drives
- Improvement of thermal performance of a building envelope through measures such as increased insulation, installation of high performance windows and frames, low emissive window glazing or low emissive roof barriers.
Which retrofit generally offers the greatest return on investment (ROI) and shortest payback?
When it comes to energy savings, energy efficient lighting is truly the low hanging fruit. Lighting retrofits are easy to calculate, easy to measure, and easy to install in most cases. You can expect to reduce your energy costs by 50%+ by simply replacing or retrofitting your existing light fixtures with high efficiency fixtures. And by adding lighting controls savings go even higher.
How do I know if my building is eligible for the Save-ON-Energy program?
The retrofit program for Commercial or Institutional Facilities is open to owners or lessees of:
- Commercial spaces or buildings, such as offices, retail and grocery stores, restaurants, hotels and warehouses.
- Institutional buildings, including hospitals, universities, municipal halls and arenas.
- Multi-family buildings, such as apartments (including low income and social housing) or condominiums.
- Agricultural facilities, including dairy, swine or poultry farms, greenhouses and nurseries.
Do you have a LIGHTING RETROFIT example showing a company’s actual savings?
Yes… Facility: A Magna plant Southern, ON.
Existing Fixtures
- T12 fixtures throughout the offices + T12 task lights in plant
- 400W Metal Halide highbay fixtures throughout the plant
Annual Savings: $44,590
Total Project Cost: $78,790
Financial Incentive: -$38,160
Net Project Cost: $40,631
Payback 0.9
What’s the easiest way to see what our savings would be?
Your savings are based on the quantity and type of fixtures you have, plus your hours of operation – or more specifically, how many hours/day your lights are ON. With this information we can quickly calculate your energy savings, maintenance savings, project cost and payback.
Lighting audits are a complimentary service at Nexstar Lighting. There are no commitments, and no costs to get you everything you need to know to make an informed decision. Nexstar’s turnkey services even include the application processing for the Save-ON-Energy submission.
For even faster service, Nexstar provides an online self-auditing form within our web site. See http://www.nexstarlighting.com/requestaquotenow.php
For more complex projects the Save-ON-Energy program even offers an AUDIT FUNDING program, covering up to 50% of the cost to have a professional energy audit done on your building. In this case you are required to hire a 3rd party professional engineer (PEng.), a certified engineering technologist (CET), a certified energy manager or a certified measurement and verification professional, who has at least three years of relevant experience evaluating energy systems in building.
For further details on the Save-ON-Energy program, please see: https://saveonenergy.ca/
Complements of Nexstar Lighting, Customer Services
Contact us by email @ customer-service@nexstarlighting.com
Or, TOLL FREE @ 1-866-291-1266
Let us help you Turn on the Savings!