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BOMA Toronto’s Conservation and Demand Management Program approves IKEA as its 500th project

Tuesday, October 5th 2010 11:59:40am

Media Release
BOMA Toronto’s Conservation and Demand Management Program approves IKEA as its 500th project


(Toronto, October 05, 2010) The IKEA Group understands the implications of climate change and is constantly taking steps towards improving energy efficiency and reducing its emission of greenhouse gases.

During IKEA’s recent energy conservation initiatives in the GTA, it was able to partner with the Building Owners and Managers Association of the Greater Toronto Area (BOMA Toronto) Conservation and Demand Management (CDM) Program.  Both IKEA locations in the GTA (North York and Queensway) have benefited from BOMA CDM Program incentives for energy conservation upgrades.

To date, IKEA has completed four projects through the CDM Program.  Measures implemented have included lighting retrofits, upgrades to lighting controls and Building Automation Systems.  The anticipated savings from the project undertakings are 330 kW and over 4,500,000 kWh and are estimated to divert over 2,500 tons of carbon dioxide from the atmosphere.

“It's appropriate that IKEA is our 500th project.  We met an exciting challenge to reach an exciting milestone,” said Robert Edwards, Director of Conservation and Business Development at the BOMA Toronto CDM Program. “But we continue to look to the future and remain on the lookout for other Conservation Partners in Toronto to carry on with the Program’s incredible momentum.”

“Improving the energy conservation of our stores is a top priority,” said Ryan Monteath, Country Facilities Manager for IKEA.  “We commend the BOMA Toronto CDM Program for its quick approval process, knowledgeable staff and for providing attractive financial incentives for lowering the energy use in our buildings.”

“We are extremely happy to contribute to energy conservation in Ontario, having surpassed our 500th project,” explained Bala Gnanam, Director of Projects & Operations at the BOMA Toronto CDM Program.  “We applaud IKEA’s commitment to electricity conservation and we look forward to working with other large stores that are also looking to reduce their environmental footprint.”      

BOMA Toronto’s CDM Program, funded by the Ontario Power Authority (OPA), offers energy efficiency retrofit incentives to commercial properties over 25,000 square feet in the city of Toronto.

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For more information, contact Robert Edwards, at (416) 440-0101 or redwards@bomatoronto.org

For more information about BOMA Toronto's CDM Program, visit www.bomacdm.com or email info@bomatoronto.org.

The BOMA Toronto CDM Program has been contracted to deliver electricity conservation to the Ontario commercial real estate market as part of the Ontario Power Authority's larger plan to deliver 6,300 megawatts of electricity reduction in Ontario from various sources. The available incentives capped at 40% of the eligible projects costs are designed to maximize owner and tenant participation by ensuring all 'process' and 'contractual' requirements are simple and the delivery of incentive payments is quick.