Peak Perks
Run by Save on Energy (IESO)
Through Peak Perks, homeowners and renters in Ontario can get up to $75 for an enrolment incentive per thermostat.
Up to
$75
for an enrolment incentive per thermostat
Verified
You apply on saveonenergy.ca
At a glance
| Maximum amount | $75 CAD (2026)$75 to enrol + $20/year |
|---|---|
| Funding type | Rebate |
| Status | Open |
| Who can apply | Homeowners, Renters, Businesses |
| Energy assessment required | No |
| Income-tested | No |
| Deadline | No end date published |
| Where | Ontario |
| Level | Provincial |
| Run by | Save on Energy (IESO) |
| Official page | saveonenergy.ca/For-Your-Home/Peak-Perks |
| Last verified | |
| Verified by | Rebate Researcher, RebateHub |
| Confidence | HighEvery figure matches the official program pages. |
Peak Perks. RebateHub.ca, https://rebatehub.ca/rebates/on-peak-perks#key-facts. Last verified October 12, 2026. Official source: https://saveonenergy.ca/For-Your-Home/Peak-Perks
What you can get
| Upgrade | What you get | Up to |
|---|---|---|
| Enrolment incentive per thermostat$75Virtual prepaid Mastercard, up to 3 devices per home. Replacing a thermostat does not earn a second enrolment payment. | $75 | $75 |
| Annual participation incentive$20 per yearFor example, the 2026 payment goes to devices enrolled before September 30, 2025. | $20 per year | $20 |
How it works
Peak Perks is Ontario's province-wide demand response program for smart thermostats. On a limited number of peak-demand summer weekday afternoons, the IESO can raise your setpoint by up to 2°C for no more than three hours, sometimes after a short pre-cool. You can override any event from your thermostat or app.
You get a $75 virtual prepaid Mastercard when you enrol, plus $20 for each year you stay enrolled. Incentives are paid for up to three thermostats per home. Renters and condo owners with their own central AC can join. Units on a building's central HVAC system cannot.
Who qualifies
- Ontario residential electricity customer with central air conditioning (including a heat pump that provides central cooling) controlled by an eligible Wi-Fi smart thermostat from Alarm.com, ecobee, Emerson, Google Nest, Honeywell Home or Trane.
- Renters are eligible. Condo and apartment units qualify only if they have their own dedicated air conditioning.
- Not enrolled in another Ontario program that automatically adjusts your thermostat (Sarnia Saves thermostat participants are the exception). Hydro One customers choose between Peak Perks and myEnergy Rewards.
- Cornwall Electric customers are excluded.
How to apply
Step 1: Enrol at peakperks.ca or through your thermostat maker's app.
Step 2: Choose your thermostat provider and accept the program terms.
Step 3: Watch for an email confirming your enrolment. The $75 card arrives within about 60 days.
Get quotes from Ontario installers
Free, no obligation. We pass your request to up to 3 independent installers who serve your area and, where a program requires it, are registered with it.
- 1. Your project
- 2. Your contact details
- Installers checked against your program’s contractor list, where it has one
- Installers pay us, never you
- Sent to up to 3 installers who serve your area. We don't sell or rent lists.
Stacks with this program
The program says these can be combined with it for the same home. Check each one’s rules for the same upgrade before you count on both.
- Last verified October 12, 2026OpenProvincialOntario
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