Are You an Affordable Housing Provider?
Do You Want to Beat Back the High Cost of Energy?

Are You Tired of Recurring Power Outages?
Contact Green Energy Ontario to Solve These Problems.

Southgate Hydro Towers - photo credit: Lorraine Marian Kenny

The Cost of Electricity in Ontario is at an All-Time High.

Co-op, non-profit, and not-for profit housing provide modest, affordable housing to low-and middle-income households. In the 1980’s and early 1990’s there was significant building of affordable housing in Ontario and elsewhere across Canada. However, very few co-ops and other non-profit and not-for profit housing were built after the early to mid 1990’s across Ontario.

According to the Auditor General of Ontario, since 1996,1.3 million new condominium units and houses have been built in the province. Despite the increase in the demand for units below market rent, only 20,000 affordable units have been built in the last two decades.

This has meant that existing affordable housing stock in Ontario is aging, most with corresponding serious energy inefficiencies leading to increased energy costs, requiring major retrofits and energy cost reductions.

Further, with the escalating costs of energy itself, including electricity, natural gas and home heating oil, those responsible for Ontario’s aging affordable housing stock need to find major energy efficiencies in the most effective ways possible - and do so in socially responsible ways, employing state-of-the art green energy technologies and seeking innovative green solutions that best fit their particular situation.

According to the May 2018 Fair Hydro Plan: An Assessment of the Fiscal Impact of the Province's Fair Hydro Plan Report by the Financial Accountability Office of Ontario, the previous Ontario governments cut to electricity costs to the consumer will:

"Cost the province $45 billion over 29 years while providing overall savings to eligible electricity ratepayers of $24 billion. This results in a net cost to Ontarians of $21 billion."

Despite the current provincial governments commitment to reduce electricity costs across Ontario, the cost of electricity will certainly continue to increase in the future.

Effects of Climate Change and Aging Electrical Grid on the Reliability of Power to Affordable Housing Stock Across Southern Ontario.

Ice Storm

The Auditor General's 2019 Annual Report states that "High concentrations of greenhouse gases in Earth's atmosphere, mainly from humans burning fossil fuels, have contributed to an increase in the planet's average surface temperature. While global temperatures vary from year to year, eight of the warmest years on record have occurred in the past 10 years (2009-2018). Human-caused climate change includes higher average global temperatures (often called global warming) as well as more local and regional events, such as heat waves, droughts and increased storm events."

Climate change is the major cause of extreme weather events we are experiencing across Ontario, having a negative impact on the electricity grid, leading to increased power outages.

Ontario's electricity grid is also aging, with regular and frequent breakdowns, also leading to more power outages, for longer periods of time.

In short, Ontario's electricity system is unable to service the needs of many of its customers, and not doing so for more money.

Green Energy Ontario Energy Solutions for Affordable Housing Stock Properties in Southern Ontario

What is Net Metering?

In Ontario, net metering is a financial incentive that allows you to generate electricity from a renewable energy source (solar, geothermal, biomass, and wind) and store this energy in the power grid. When your solar panels or another renewable energy source produce excess power, that energy is sent to the grid and in exchange you can pull from the grid when your system is under-producing - like during nighttime, or during peak demand times, when electricity costs are higher.

Stock Housing

With the right size renewable energy system, you can produce enough electricity to match your properties electricity use for the entire year. However, the amount of electricity your renewable energy system produces will vary throughout the year. Net metering helps you account for these differences by crediting you for the excess electricity your produce so you can use it later. In Ontario, these excess generation credits can be carried forward for a consecutive 12 month period to offset future electricity costs. Net-metered customers can now pair energy storage with renewable energy systems, and can save you substantial money on your electricity bill.

Private Sector/Government Programs and Financial Incentives for Affordable Housing Energy Efficiency Projects

Green Energy Ontario has the expertise and experience in researching and aiding in successful energy efficiency private sector and government program applications for grants and/or low-cost loans for your affordable housing property in Toronto, the GTA, and the greater GTA.

Let Green Energy Ontario work with you to maximize your triple bottom line energy needs:

Green Energy Ontario and Green Energy Technology Solutions for Affordable Housing Projects

Green Energy Ontario can help you assess the best possible green energy technology solutions for your particular affordable housing property.

Green Energy Ontario provides the following green energy technologies for your affordable housing property:

Green Energy Ontario fulfills your need for:

Green Energy Ontario can ensure you that your electricity costs are substantially decreased and even possibly eliminated entirely, with the introduction of green energy technology. As your green energy technology broker Green Energy Ontario will help find the best and most economical green energy technology solutions for you.

Book an appointment for an initial green energy consultation.

* Green Energy Ontario also is involved in providing innovative, economic and environmentally-conscious energy solutions to rural and near rural properties across Southern Ontario. For information related to this, please visit our Services Page