Our clients can capitalize on monetary incentives to enhance the financial performance of their LED projects. Under Ontario's current "Save on Energy" Program, eligible LED retrofits can receive incentives of up to 50% of project costs. Administered by the IESO, this Program was launched in Jan 2021 and will run through Dec 2024.
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.
Incentive processing includes several steps:
incentive application & project pre-approval
project completion & final approval
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.