Our clients can capitalize on monetary incentives to enhance the financial performance of their LED projects. Under Ontario's current "Save on Energy" Program administered by the IESO, LED retrofits can receive rebates on eligible LED products. The rebates are instant - clients receive the discounted price.
From a financial performance perspective, lighting retrofit incentives reduce our client's project costs, enhance their ROI, shorten their project payback period, reduce liquidity risk, and facilitate their cash flow management.
For legacy retrofit projects with application approved by Dec 2023, rebate processing includes several steps:
incentive application & project pre-approval
project completion & final approval
incentive payment
CDVA actively manages the entire rebate process on behalf of its clients. We stay engaged through all stages of the process - from the initial application submission, to final approval and receipt of the incentive payment.