TCH earns $1.6-million Enbridge rebate with energy-efficiency programs
May 21, 2019 – Toronto Community Housing (TCH) has received a $1.6-million rebate from Enbridge Gas, the utility’s largest to date, through an affordable-housing multi-residential energy-efficiency program.
The contribution follows 36 upgrades completed throughout 2018, which have reduced TCH’s energy costs as part of its overall capital repairs and building renewal efforts. The work affected boilers, ventilation and building controls at a variety of locations.
In particular, 131 boilers for space and water heating were upgraded at 28 buildings to achieve natural gas avoidance valued at $524,085 per year.
”Not only will TCH be able to redirect funds to other important upgrades as a result of these savings, but residents will also benefit from system improvements,” says Jim Sanders, Enbridge’s senior vice-president (SVP) of operations (pictured, right, presenting the rebate cheque at TCH’s Janet Magee building, with city councillor Josh Matlow, left, and TCH chief financial officer (CFO) Rose-Ann Lee, middle).
Since 2015, Enbrige has provided more than $3.2 million to TCH in incentive funding. Meanwhile, TCH has saved $2.9 million in avoided gas costs.