Our clients can capitalize on monetary incentives to enhance the financial performance of their LED projects. Under Ontario's "Save on Energy" Program, eligible LED retrofits can receive rebates of up to 50% of project costs.
Since incentive programs have sunset dates, it is imperative to factor relevant timelines into project planning and implementation. The "Save on Energy" Program is set to expire in 2020, or when rebate funds are used up, whichever occurs sooner.
From the financial performance perspective, these monetary incentives reduce our client's project costs, enhance their ROI, shorten their project payback period, reduce liquidity risk, and facilitate their cash flow management.
The rebate process includes several steps:
rebate application & approval
CDVA takes on a lead role in managing the entire rebate process for its clients - from initial application to receipt of rebate payment.