Cap & Trade in Ontario.
What is the impact on your boiler room?
Proposed in February 2016 Ontario Budget. Passed into Law May 18th 2016. Comes into effect January 1, 2017. What is the impact on your business?
- End users above 25,000 tonnes GHGE will pay for additional credits which will be in place of the increased fuel cost.
- End users between 10,000 and 25,000 tonnes can opt to pay the fuel distributor the increase or purchase credits.
- End users below 10,000 tonnes will pay the fuel distributor added fee ( in the example of the proposed Union Gas increase of 2.6 cents per cubic meter. )
Now is the time to start looking at emissions / efficiency improvements for your site. Ask how we can help you with boiler room Safety, Emissions, Reliability and Efficiency with our free BPO Review Click here for more Cap and Trade Resources