How you can get $75 from Ontario if you get a smart thermostat

  • 📰 CTVToronto
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 84%

United Kingdom United Kingdom Headlines News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

NEW: The Ontario government is offering prepaid credit cards to residents with smart thermostats who are willing to reduce their air conditioning during peak hours.

Individuals who enroll will be giving their thermostat manufacturer secure access to their technology and will see the temperature adjusted by two to four degrees up to 10 times between June and September.Officials said that residents will be notified whenever a change is made and will retain control to manually re-adjust the temperature in their home if desired. However, it is unclear if this will impact the financial incentive.

Those who take part in the program will receive a $75 electronic prepaid Mastercard, as well as a $20 card each additional year starting in 2024. The program will launch in June of this year. The government has said there are about 600,000 smart thermostats installed in Ontario. Smith said that he hopes lowering demand during peak periods will also allow the province to conserve energy at facilities that run only at peak periods.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LG Energy Solution inks Ontario lithium supply deal with Green Technology MetalsLG Energy Solution is extending its Canadian battery supply chain with a preliminary supply deal and financial backing for an Australia-based miner developing a lithium project in Northern Ontario.
Source: AutoNewsCanada - 🏆 77. / 51 Read more »