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Ontario Continues to Support Expansion in Industrial Sector
Beginning Jan. 28, 2013, the Ontario Power Authority (OPA) will be accepting applications from Stream 2 companies which have already established operations in Ontario. Successful applicants will be eligible to receive reduced electricity rates retroactive to Jan. 1, 2013.
The Industrial Electricity Incentive program is designed to make use of the province's strong supply of energy and promote long-term economic development and employment in Ontario. Eligible companies will qualify for electricity-based price adjustments if they expand their operations and create jobs.
Helping industrial companies grow and compete in the global marketplace is part of the McGuinty government's plan to attract economic development while ensuring we have the electricity we need to power our homes, schools, hospitals and businesses.
- The OPA started accepting applications for Stream 1, companies looking to establish new operations in Ontario, of the program on Dec.15, 2012.
- Since 2003 Ontario has added more than 10,000 megawatts of new and refurbished clean energy online – enough to power both Ottawa and Toronto combined.
- The Industrial Conservation Initiative is available to over 200 of Ontario's largest energy consumers and provides a strong incentive for industrial companies to shift their electricity consumption to off-peak hours to save on costs.
Learn more about the Industrial Electricity Incentive program
Read Ontario’s Long-Term Energy Plan
Find out about energy efficiency in Ontario’s industrial sector