Stratacon Inc.

Stratacon Inc.

August 14, 2007 11:23 ET

New Ontario Regulations a Major Step Forward in Promoting Energy Conservation for Condominiums

WOODBRIDGE, ONTARIO--(Marketwire - Aug. 14, 2007) -

New regulations released by Energy Minister Dwight Duncan will make it a lot easier for condominiums to promote energy conservation through the use of sub-metering systems. The new regulations were proclaimed earlier this month pursuant to the new Energy Conservation Leadership Act enacted by the Province on March 28, 2006.

"This is a major step forward for promoting a conservation 'culture' in Ontario's condominium sector," said Stratacon President Ian Stewart. "By removing existing barriers to sub-metering, condominium boards can give individual residents direct responsibility for their in-suite electricity consumption by moving electricity consumption charges from common area expenses. With sub-metering each resident knows how much electricity they consume," added Mr. Stewart.

Under existing condominium by-laws, condominium boards needed the support of 80% of all condominium owners before they could install sub-meters. Those residents who used the largest amount of electricity could effectively block any conservation measures and keep common area expenses high for the majority of residents who used energy responsibly.

"Stratacon already sub-meters thousands of apartment and condominium suites across Ontario and Canada. In every case the result is the same --- immediate reductions of 15-25% in electricity consumption and greater fairness for residents who are no longer paying the electricity bills of other residents," said Stratacon COO, Peter Mills.

The Stratacon 'Smart Sub-metering' system uses 'smart' meters to measure electricity consumption throughout the day and daily posts that information to a Stratacon Internet web site that is supported by trained customer service personnel. Just like homeowners, residents receive a monthly bill. The system gives condominium owners the power to monitor and control their own electricity consumption. Under the new regulation companies like Stratacon must be licensed by the Ontario Energy Board.

Currently about eighty-five per cent condominium buildings in Ontario use a bulk meter for electricity consumption. The condominium corporation pays the utility bill and electricity is included in the common area expenses --- residents have no information about their own consumption and, they have no incentive to conserve. In most buildings sub-metering can be done in less than a week without requiring access to individual units. By keeping the bulk meter in place residents also benefit from the lower electricity rates associated with bulk meters. Many jurisdictions (e.g. Germany) have made it mandatory to 'smart' sub-meter multi-residential buildings.

"Minister Duncan and his provincial officials conducted extensive consultations to develop these new regulations and they should be applauded for the results. We believe that within one year thousands of additional condominium units in Ontario will be sub-metered thereby reducing provincial electricity consumption significantly," added Mr. Mills.

About Stratacon

Stratacon is a utility management company that serves multi residential and commercial markets across Canada. They provide complete turnkey services including utility analysis, meter installation, online consumption information for consumers, bill presentation and collection, project monitoring and verification. Their customers include Canada's largest property management firms. For more information visit www.stratacon.ca or call the contacts below.

Contact Information

  • Stratacon Inc.
    Ian Stewart
    President
    (905) 856-4001 Ext. 107
    or
    Stratacon Inc.
    Peter Mills
    COO
    (905) 856-4001 Ext. 109
    Website: www.stratacon.ca