Originally Posted March 2, 2017
Threshold reduced for Class A customers – More consumers can now participate in the ICI Program
The Industrial Conservation Initiative has allowed large Industrial Consumers to reduce their electricity costs by reducing their Peak Demand Factor on Top 5 peak days. Since 2011, this program has allowed consumers to remain competitive in Ontario, while helping maintain the grid’s reliability.
New for this year, the threshold to participate has been reduced. The program is now open for manufacturing or greenhouse facilities with an average monthly peak demand of 500kW or above. (i.e., with NAICS codes commencing with the digits “31”, “32”, “33” or “1114”). 500kW average monthly peak demand is equal to a monthly bill of roughly $40,000/month or more. You can read the full regulation here.
What does this mean for your business? For starters, this means more electricity consumers can now participate in the Industrial Conservation Initiative (if you don’t know what the program is or don’t know if you can participate – see here). This program opens up a whole world of flexibility in how you are charged for electricity – by charging your whole year’s Global Adjustment based on the 5 highest electricity demand days in Ontario, the regulation’s goal is to reduce the province’s maximum energy demand on days where a lot of energy is being used.
Let our consultants analyze your electricity bills and tell you what the potential is – most customers will save 10-30% on their electricity bill. We promise – It’s not as complicated as it sounds, let us break it down for you.