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Ontario stalls energy management paybacks

from REMI Network

Ontario stalls energy management paybacks REMI Network A temporary adjustment to Ontario's electricity pricing scheme eliminates cost-saving opportunities that many operators of large commercial buildings were anticipating this summer. Instead, an estimated 90 percent of customers eligible to participate in the Industrial Conservation Initiative (ICI) will be locked into the formula that currently dictates their share of the global adjustment (GA) for an extra year, and will not realize the benefits of any recent investments they’ve made to manage peak energy demand until at least July 2022. READ MORE

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