Late february, TAF’s board of directors will consider financing for a major energy retrofit at the Perth Avenue Housing Co-operative. Energy Savings Performance Agreement. Perth Avenue Housing Co-op is an eight-story building with 102 units, located in the Bloor-Junction neighbourhood.
The co-op will receive new energy efficient equipment at no cost with TAF’s repayment flowing from the verified energy savings. Energy conservation measures include a high-efficiency condensing boiler for water heating, programmable thermostats, LED lighting, and more. The project is expected to reduce the co-op’s annual greenhouse gas emissions by 20%.
Real-time energy metering will be installed to track the performance of the new equipment, and project outcomes will be documented in a case study to support development of best practices in energy retrofit design and implementation. This project is part of TAF’s TowerWise Energy Efficiency Demonstration (TWEED) program.