Chris Ballard, the environmental minister announced $377 million in investments to be directed toward helping residential and business consumers to improve their energy efficiency and reduce energy costs.
According to the National Post, the funds will be used to establish the Green Patrol Fund, an agency which will be responsible for consumer energy efficiency initiatives in the region.
The agency will provide consumers with rebates to install energy efficient appliances in homes and office buildings.
For instance, the Green Patrol Fund will through the GreenON Installations programme, fund the deployment of some 100,000 smart wi-fi controlled thermostats for free.
The provision of the smart thermostats is expected to cost up to $40 million and will be done on a first come first serve basis.
Consumers are being requested to visit the Green Ontario Fund website and register to have a free home energy assessment to see whether they qualify to receive a free smart thermostat.
With the smart thermostat, consumers will be able to remotely control HVAC systems via mobile devices to optimise the energy efficiency of their home and building appliances.
The provincial government says it expects the use of the smart thermostats to reduce consumer energy bills by 15%.
Consumer energy efficiency approval
Meanwhile, in the US, the Public Service Electric and Gas Company (PSE&G) announced it will expand an existing energy efficiency programme to introduce two new related projects.
PSE&G will extend the timeline of existing and introduce two new energy efficiency programmes following last week’s approval by the New Jersey Board of Public Utilities to do so.
In a statement, the energy provider says it will invest up to $69 million to boost consumer energy efficiency savings under the Hospital Efficiency, Residential Multifamily Housing Efficiency and the Direct Install programmes.
The funds will also cover the unveiling of the Smart Thermostat and Residential Data Analytics energy efficiency programmes. Read more…
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