LONDON – The Ontario government is unveiling a new demonstration project in London to explore how a community can work together to generate renewable energy, help protect the environment and lower electricity costs for individuals and businesses in the community. Sifton Properties’ West 5 development, a 70-acre multi-use community, has been selected as the demonstration site for the new community net metering model (CNM).
“We are excited to enable this partnership between Sifton Properties and London Hydro that will allow us to explore how net metering can be used at the local level,” said Minister Smith. “Testing new types of energy models is key to the future of our province as it gives us the chance to find new ways to save electricity customers money, support our economy by investing in emerging renewable technologies, and protect the environment.”
West 5 will be the first to use this new model in Ontario, which will see its residences, office space and retirement living integrate solar panels, solar parkades, electric vehicle chargers, green roofs, and other innovative elements to help lower energy costs for residents and businesses, while building a more sustainable community for the future.