May 17, 2019 - 11:43 AM EDT
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Toronto Community Housing Receives $1.6 million Enbridge Rebate for energy efficiency projects

Canada NewsWire

Program has lowered energy costs, reduced emissions and increased comfort

TORONTO, May 17, 2019 /CNW/ - Jim Sanders, Senior Vice President at Enbridge Gas Inc. (Enbridge) presented a $1.6 million cheque to Toronto Community Housing among residents of the Janet Magee building this morning. The contribution is the result of 36 energy efficiency upgrade projects that were completed throughout 2018 and is the largest rebate cheque Enbridge has given through its Affordable Housing energy efficiency program.

Left to Right: Ward 12 Councillor Josh Matlow, Rose-Ann Lee, Chief Financial Officer of Toronto Community Housing, and Jim Sanders, Senior Vice President, Enbridge Gas, during Enbridge’s $1.6 million incentive cheque presentation to Toronto Community Housing for the completion of 36 energy efficiency projects at buildings across Toronto in 2018. (CNW Group/Enbridge Gas Inc.)

The projects involved a combination of boilers, ventilation upgrades, and building controls at various locations throughout the City of Toronto, and will bring comfort, cost, and energy efficiency benefits to tenants and Toronto Community Housing.

Sanders congratulated Toronto Community Housing on their conservation and energy efficiency efforts. As part of the 36 projects, 131 boilers that provide space and water heating to 28 buildings were upgraded. These projects will achieve an annual natural gas cost avoidance of $524,085. The savings are substantial and are part of Toronto Community Housing's commitment to reducing energy costs and upgrading its social housing stock.

With the help of the City, Toronto Community Housing has invested nearly $1 billion during the past five years in capital repairs and building renewal, to improve living conditions, safety, accessibility and comfort for thousands of tenants, and made energy-efficient upgrades in dozens of buildings. 

Quotes

"Enbridge and Toronto Community Housing have a long history of working together to help manage their energy costs, and improve the comfort and condition of their buildings. Not only will they be able to redirect funds to other important upgrades as a result of these savings, Toronto Community Housing residents will benefit from system improvements and more reliable energy."
Jim Sanders, Senior Vice President, Operations, Enbridge Gas

"A big part of our capital plan is making our buildings more energy-efficient, through the help of partners such as Enbridge, which has provided Toronto Community Housing with more than $3.2 million dollars in incentive rebates. TCHC's partnership with Enbridge will reduce our energy consumption and utility costs by over $500,000 per year, while also improving heating and hot water reliability for our tenants."
Rose-Ann Lee, Toronto Community Housing CFO

Key Facts

  • Through Enbridge's Affordable Housing Multi-Residential Program, Toronto Community Housing is receiving $1.6 million towards the completion of 36 energy efficiency projects in 2018.
  • The combined result of these 36 projects is the largest rebate cheque Enbridge has ever given.
  • This will result in a combined natural gas savings of 1.7 million meters cubed, and a greenhouse gas reduction of 3,266 tonnes of carbon dioxide per year – equivalent to taking 640 passenger cars off the road for one year.
  • It's expected that the result of these upgrades will amount to an annual avoided gas cost of more than $524,000.
  • Since 2015, Enbridge Gas has provided Toronto Community Housing with more than $3.2 Million in incentive funding through its Affordable Housing Program, and have saved $2.9 Million in avoided gas costs for Toronto Community Housing.

About Enbridge Gas Inc.
Enbridge Gas Inc., formed on January 1, 2019 from the amalgamation of Union Gas Limited and Enbridge Gas Distribution, is Canada's largest natural gas storage, transmission and distribution company based in Ontario with a more than 170-year history of providing safe and reliable service to customers. The distribution business serves about 3.7 million customers, heating over 75 per cent of Ontario homes. The storage and transmission business offers a variety of storage and transportation services to customers at the Dawn Hub, the largest integrated underground storage facility in Canada and one of the largest in North America. Enbridge Gas Inc. is owned by Enbridge Inc., a Canadian-based leader in energy transportation and distribution.

About Toronto Community Housing
Toronto Community Housing (www.torontohousing.ca) is Canada's largest social housing provider. Toronto Community Housing provides homes for nearly 60,000 low- and moderate-income households in neighbourhoods across the Toronto. Toronto Community Housing is wholly owned by the City of Toronto and its 2,100 buildings represent a $10-billion public asset.

SOURCE Enbridge Gas Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2019/17/c4800.html

Enbridge Gas: Media Line 1-855-844-5112 or enbridgegasmedia@enbridge.com; TCHC: Media line 416-737-1352 or media@torontohousing.caCopyright CNW Group 2019


Source: Canada Newswire (May 17, 2019 - 11:43 AM EDT)

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