EcoGrid to Take Part in Upcoming IESO EE Auction Pilot

LDS EcoGrid logo 400

March 9, 2021

EcoGrid Technologies is contributing to a brighter tomorrow, reporting performance in 2020 unlike any other company in the LED lighting efficiency space for the IESO SaveOnEnergy Program. 

With Smart LED project savings from 80-95 per cent, 2.2 mW of peak power relief on the Grid from Smart LED conversions, and over 8GWh of consumption reducing over 100 tonnes of CO2 emissions, EcoGrid is not only providing clients with long-term cost savings, but also reducing the overall impact on the environment. 

With projects paying substantial dividends, the company has decided to participate in the upcoming IESO EE Auction Pilot.

“We plan to submit a bid to remove at least 3.5 megawatts of peak power off the grid in Ontario, a feat not too shabby for the smart LED space,” says George Filtsos, President of EcoGrid Technologies Inc. “IESO will hold us accountable if we cannot clear that amount, truly showing how much skin we have in the game and the confidence we have to make it happen.”

Since its start up in 2017, EcoGrid Technologies has been dedicated to putting its unique twist on turnkey, energy efficiency projects in the industrial lighting and automation industry, future proofing everything it does by establishing a digital ceiling in the industrial and commercial built space. Before the company began operations, it was uncommon to see lighting companies partaking in the capacity-based energy markets.

“No other company in the LED lighting efficiency space has come close to our return on investment, thanks to our cutting-edge technologies in advanced wireless controls delivering customizable lighting requirements,” comments Filtsos. “Our intelligent controls will enable us to partake in energy capacity markets with an immense amount of potential savings for Class A Hydro customers.”

With IESO reducing lighting incentives and removing the custom program entirely from the SaveOnEnergy Program, EcoGrid felt this direction was the best option for its customers to achieve the highest incentives possible. This is a big win for Class A customers, as they receive a lower net cost and have the ability to monetize their controls in the capacity markets for years to come, truly receiving the biggest bang for their buck.

Source

Related Articles


Changing Scene

  • The Heart of the Olympic Park Transformed by Lemay and LumiGroup

    April 18, 2024 Architectural and design firm Lemay, and lighting agency LumiGroup, have combined their expertise to transform a partially under-exploited sector of the Montreal Olympic Park into a bright, warm, and dynamic work environment. Continuing their long-term history of working together on major projects, the mandate was to set up offices which would bring… Read More…

  • “Sustainable” Lighting: What Are Lighting Designers Asking For?

    April 16, 2024 By Sara Schonour, LC, MIES, IALD, Luxsi and Reiko Kagawa, LC, LEED AP BD+C, WELL AP, WELL Faculty Are you confused about what lighting designers are asking for regarding material transparency, and how they are defining the ambiguous term “sustainability”? 100+ specifying firms (114 and counting, to be exact) have signed the… Read More…


Design

  • Case Study: Windsor Family Credit Union (WFCU) with Salex SW

    Case Study: Windsor Family Credit Union (WFCU) with Salex SW

    February 6, 2024 Since 1940, WFCU Credit Union is a prominent and forward-thinking financial institution based in Windsor and Essex County. For over 80 years, WFCU has been dedicated to serving Ontario residents, community, organizations, small businesses, commercial entities, and public institutions. Their new headquarters in Kitchener was created as they continue to grow their… Read More…

  • Coaticook Suspended Footbridge: An Ever-Changing Luminous Canvas, Painted by Nature

    Coaticook Suspended Footbridge: An Ever-Changing Luminous Canvas, Painted by Nature

    December 5, 2023 At 170 m (554 ft) long and 50 m (160 ft) high, the Coaticook Canyon Bridge at Parc de la Gorge de Coaticook is one of the longest suspension footbridges in North America and one of the most popular tourist attractions in the Eastern Townships. For several years, the Parc de la… Read More…


New Products