Your Property’s Energy Costs Are Going Up. Here’s How to Get Ahead of It.

Ontario’s electricity demand is confirmed to rise 75% by 2050. The federal government just committed $1 trillion to build ahead of that. For Ontario property owners — residential or commercial — this changes three things about your finances, starting now.

THE SHORT VERSION — WHAT MATTERS TO YOU

Key takeaways:

→ See what your property qualifies for 

What Actually Changed — and Why It Affects Your Property

In May 2026, the federal government confirmed that Ontario’s electricity demand will grow 75% by 2050. That is not a forecast built on optimistic scenarios — it is the Canada Energy Regulator’s planning baseline, the same number used to justify $1 trillion in infrastructure spending.

For any property owner — whether you own a home, a rental unit, or a commercial building — this matters because the grid your property relies on is about to get significantly more expensive to use, unless your property generates part of its own supply or upgrades to systems designed for the new grid.

The federal government just confirmed that doing nothing is the expensive option. Electrification is a cost management decision, not a sustainability gesture.

What This Means for Your Energy Bill

The strategy is designed to lower overall energy costs — but not equally for everyone. Properties that upgrade capture the savings. Properties that don’t absorb the transition costs through rising grid demand charges and continued gas price exposure.

Without upgrading	With upgrading
Gas prices spike every Ontario winter — unpredictable operating costs	Energy costs shift to regulated grid electricity — stable and forecastable
Rising demand charges as grid pressure increases through the 2030s	On-site generation offsets demand charges directly
Financing math changes unfavourably as program funding winds down	Up to $7,500 per property in grants applied to the upgrade cost now
Tenant and investor expectations tighten — properties without upgrades underperform	Clean energy infrastructure becomes a positive differentiator in lease negotiations

The Money That’s Already Waiting for You

Three federal financing tools are active right now. They exist independently of the strategy — the strategy confirms they will continue and expand, not wind down.

Program	What It Covers	How to Access	Status
Clean Technology ITC	30% federal tax credit on eligible solar, storage, and heat-pump installations	Applied at tax time on qualifying capital expenditure — ask your accountant	Active
Canada Infrastructure Bank	Low-interest financing for clean energy; $20B mandate in Ontario	Via CIB directly or through CIB-approved installers — ask your contractor	Deploying
Retrofit Grants	Up to $7,500 per property for heating and solar upgrades	Program varies by postal code — enter yours on Solenery to see what applies	Verify amount

Program terms and current grant amounts should be confirmed with administrators before making decisions. The table reflects the framework as of May 2026.

Why Timing Matters — What You Lose by Waiting

THE WINDOW IS OPEN NOW
Properties that move in 2026 — homes, rentals, and commercial buildings — get today’s contractor pricing, current grant amounts, and the full benefit of cost decoupling before Ontario’s demand growth compresses the grid. Properties that wait face shorter queues, tighter program budgets, and higher costs for the same outcome.

What to Do Next

The programs are active, the contractors are available, and the math works today. The only variable is timing. Solenery connects Ontario property owners with verified local installers and shows you exactly what your property qualifies for — no guesswork, no cold outreach.