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The Ontario government is increasing funding for the province’s energy-efficiency programs by $342 million, bringing the total investment to more than $1 billion over the current four-year electricity conservation framework. This funding will support programs that will help families and businesses reduce their electricity use.

“Our government’s success in driving electrification of industry and transportation and strong economic growth is increasing electricity demand, and our government is looking at every option to meet these upcoming needs,” said Todd Smith, minister of energy. “By 2025, this expansion of energy-efficiency programs will help deliver enough annual electricity savings to power approximately 130,000 homes every year and reduce costs for consumers by over $650 million.”

This funding will support the Residential Demand Response Program with an incentive for homes with an existing central air conditioning or heat pump unit and smart thermostat to help lower energy use at peak times. It will provide targeted support for greenhouse growers in Southwest Ontario.

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The overall savings from this energy efficiency programming will result in an estimated three million tonnes of greenhouse gas emission reductions over its lifetime – the equivalent to taking approximately 600,000 vehicles off the road for one year.

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