TORONTO, Sept. 20, 2011 /CNW/ - Water, sewer, gasoline and electricity
costs have all risen in the last five years1. Increases in costs are largely attributable to needed investment in
infrastructure. Equipment has a shelf life; much of Toronto's
infrastructure was built post war in the 50s and 60s. It is prudent to
have a plan to replace it before it breaks...same thing goes for at
home. Customers who are thinking about upgrading their old furnace or
a/c system with more efficient models, or those about to embark on a
major renovation, should know that energy-efficient homes, supported by
Toronto Hydro-Electric System's (Toronto Hydro) program incentives2, can help decrease electricity costs and improve your monthly budget;
no one knows this better than Councillor Shelley Carroll.
Councillor Carroll, lives in a recently renovated post-war home in the
Don Valley East area and says she is enjoying the financial benefits
achieved with a more energy efficient home. That's why the Councillor
is encouraging her neighbours, constituents and friends to take charge
of their electricity bills through her participation in Toronto-Hydro's
'It's Easy to Conserve' campaign. Torontonians have access to
incentives - like the HEATING & COOLING INCENTIVE program - which can provide up to $650 in returns.
"Lighting and heating our house costs about half what it did before the
renovations, and moving to high efficiency appliances has made a
massive difference," says Councillor Carroll. "Our house is as green as
we could afford to make it. Our energy bill is as low as we could
afford to take it. I hope our house inspires people to go back to their
own house and think what they can do quickly and cheaply to reduce
their energy bill."
Customers can see Councillor Carroll's home improvements through her 'It's Easy To Conserve' video at facebook.com/torontohydro.
Needed investments in electricity infrastructure will push the cost of
electricity distribution up in the coming years, which is largely in
line with other consumer services. Still, the relative cost of
electricity to an average Toronto household has not increased
significantly over the past decade. In fact, as a percentage of total
non-discretionary household spending, it has dropped from 2.3 percent
"We want our customers to know that by taking advantage of incentive
programs and making changes in your home, customers can see an impact
on their monthly bill," says Toronto Hydro's Catherine Parry, Director,
Marketing, Communications and Customer Experience. "Often times,
upgrades to do with replacing your central air or heating unit can be
delayed, but with the dollar impact gained from running efficient
equipment, it really is worth looking for a participating contractor to
make the change sooner."
In addition to using Time-of-Use electricity rates, and the web portal
at torontohydro.com/tou to their benefit, residential customers can manage electricity costs by
participating in one or more of the following energy saving
Get more than $125 in savings on household products with Downloadable
coupons. Customers can download coupons from torontohydro.com to save money on compact fluorescent light bulbs, Energy Star®
qualified ceiling fans, motion sensors, dimmer switches, timers and
Save approx. $125 annually with Fridge removal. Customers can have their old energy-guzzling fridges and freezers that
are at least 15 years old, removed at no charge. Call 1-877-797-9473
or go online to book an appointment today.
Up to $650 towards a Heating/Cooling system replacement. When customers hire a participating contractor to replace their old air
conditioning system or furnace with an energy-efficient model, they
become eligible for financial incentives up to $650.
Other local Torontonians taking part in Toronto Hydro's new social media
campaign include: the Chief of Toronto Police Services, Bill Blair, culinary superstar Brad Long, master contractor and television celebrity Jim Caruk, newly-elected MP for Scarborough Southwest Dan Harris, and eco-developer and Cleantech Advisor Tom Rand. Videos can be viewed online at facebook.com/torontohydro.
About Toronto Hydro
Toronto Hydro-Electric System Limited owns and operates an electricity
distribution system, which delivers electricity to approximately
705,000 customers located in the City of Toronto. It is the largest
municipal electricity distribution company in Canada and distributes
approximately 19% of the electricity consumed in Ontario.
The information in these materials is based on information currently
available to Toronto Hydro Corporation and its affiliates (together
hereinafter referred to as "Toronto Hydro"), and is provided for
information purposes only. Toronto Hydro does not warrant the accuracy,
reliability, completeness or timeliness of the information and
undertakes no obligation to revise or update these materials. Toronto
Hydro (including its directors, officers, employees, agents and
subcontractors) hereby waives any and all liability for damages of
whatever kind and nature which may occur or be suffered as a result of
the use of these materials or reliance on the information therein.
Time of Use - torontohydro.com/tou
Twitter - twitter.com/torontohydro
Facebook - facebook.com/torontohydro
YouTube - youtube.com/torontohydro
1 Source: Water - City of Toronto, Utilities
Gas - © 2011 Ed Wiebeecwiebe@ uvic.ca
Natural Gas - Ontario Energy Board
2 Funded by the Ontario Power Authority and delivered by Toronto
Hydro-Electric System Limited
3 Statistics Canada, Spending Patterns in Canada, Catalogue no. 62-202-X
SOURCE Toronto Hydro Corporation
For further information: