Country:Canada
Year:
Policy status:In Force
Jurisdiction:State/Regional
Policy Type:Economic Instruments>Fiscal/financial incentives
Energy Efficiency Policy Targets:Industry, Energy management
Agency:Independent Electricity System Operator (IESO)
URL:http://www.ieso.ca/Pages/Ontario's-Power-System/Electricity-Pricing-in-Ontario/Global-Adjustment.aspx
Energy Efficiency Description:

Through the Industrial Conservation Initiative (ICI), large volume users pay a capacity charge (called the Global Adjustment) based on their percentage contribution to the top five peak demand hours each year, instead of their overall consumption. For many companies, the ICI can represent a significant reduction in energy costs.

All consumers with peak demand in excess of 5MW are eligible for the initiative, but must opt out if they do not want to participate. The Ontario government recently expanded the ICI to include customers with peak demand for electricity of above 3 MW up to and including 5 MW in a month to participate. To be eligible for this expanded Class A designation, customers must own or operate facilities with specific North American Industry Classification System (NAICS) codes.

Local distribution companies work with eligible customers to determine how to take advantage of the program, create a demand profile and/or use interval meters to better understand consumption patterns.

Last modified: Mon, 01 Feb 2016 17:56:23 CET