The City of Ontario has secured more than $35 million in funding for energy infrastructure improvements–an infrastructure renewal program that is projected to save the City more than $75 million over the life of its new equipment.
To pay for the project, Ontario leveraged funds from several sources, including the California Energy Commission Energy Conservation Assistance Act (ECAA), Southern California Edison utility rebates, California Self-Generation Incentive Program (SGIP) and a tax-exempt municipal lease at historically low interest rates. This creative funding approach empowered Ontario to make a significant investment that addresses its aging energy infrastructure and establishes sustainability measures without needing to use general funds or capital dollars.
