The end of the year seems to have been a peak for energy efficiency news.
The European Commission, European Parliament and European Council ruled that public buildings will lead the way in improving the energy efficiency of buildings in the region.
Under the new agreement, new and existing buildings must ensure the certification of their energy performance and the regular inspection of boilers and air conditioning systems in buildings.
Across the pond, New York State passed legislation to make loans available for businesses that want to improve their energy efficiency.
The funds, Property Assessed Clean Energy (PACE) funds, cover the upfront costs for installing solar energy systems or making energy efficiency improvements
The legislation seen in New York State removes one of the biggest barriers to adopting energy efficiency technology, upfront costs.
Canadians have seen similar programs in BC and Ontario.
This month, the Building Owners & Management Association Toronto Conservation Demand Management Program (BOMA Toronto CDM Program) announced that it has doubled incentive funding for electrical energy conservation technologies.
Incentive funding, based on peak demand reduction, will increase from $400.00/kW to $800.00/kW. This increase in funding will allow Legend Power’s customers in the Toronto area to achieve a quicker payback on their Harmonizer-AVR installation.
Office, retail, and hospitality properties, 25,000 square feet or greater in the 416 telephone exchange are eligible for the BOMA CDM Program.
If you have questions about Legend Power and available incentive programs, get in touch with a Legend Power sales rep.