New Peak Perks program will give families a $75 incentive to reduce energy use
The province has launched a new program they say will help families save money on their energy bills.
Energy Minister Todd Smith announced the Peak Perks program this morning.
He says it'll give families a $75 incentive to lower their energy use during peak times this summer.
Participants will also need to have a smart thermostat connected to their central air conditioning system or heat pump unit.
Members agree to brief adjustments between two and four degrees for their thermostats up to ten times during peak periods from June to September.
However, participants can opt out of temperature changes.
These adjustments will typically last no more than three hours, and will not occur on holidays or weekends.
Customers will get $75 for enrolling this year, as well as $20 for each year they stay with the program.
The program will be available starting in June.
“Our government is giving families more ways to lower their energy bills with new energy-efficiency programs like Peak Perks, which will provide families a $75 financial incentive this year in exchange for lowering their energy use at peak times during the summer,” said Todd Smith, Minister of Energy. “The new programs launched today will also help meet the province’s emerging electricity system needs by providing annual electricity savings equivalent to powering approximately 130,000 homes every year and reduce costs for consumers by over $650 million by 2025.”
Interested customers can find out more here.
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