The Building Owners and Managers Association (BOMA) of Toronto’s Conservation Demand Management (CDM) Program has hit the $10 million milestone (for over 100 buildings) in its delivery of electricity conservation incentives.
Funded by the Ontario Power Authority (OPA), the CDM program has
committed $10 million in retrofit incentives for commercial buildings
of 25,000 sf or larger located in the 416 telephone exchange area. This
commitment has leveraged over $70 million of capital expenditures by
building owners and tenants to complete the electricity conservation
To date, the CDM program has accumulated an estimated 123,500,000 kW/h.
Qualified program participants include owners and tenants of commercial
office buildings, retail properties, hotels, entertainment venues and
mixed-use industrial facilities. Popular retrofits include lighting,
HVAC redesign and replacements, deep lake water cooling systems and the
installation of VFDs (variable frequency drives).
Many participants in BOMA Toronto’s CDM Program own real estate across
Canada, says BOMA Toronto. Most of them are interested in seeing the
program expanded throughout Ontario. Though no decision has been made,
BOMA Toronto is looking at extending the program.
CLICK HERE for the BOMA Toronto CDM program.
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