Grants and Contributions:
Title:
Automated Electrical Demand Response Control Implementation
Agreement Number:
1022594
Agreement Value:
$75,000.00
Agreement Date:
Sep 16, 2024 - Mar 31, 2025
Description:
Implement an automated electrical demand response control system for 45+ multi-residential
buildings over the next six months. The core objective is to enable these buildings to respond
automatically to utility requests to reduce electrical consumption during peak demand periods,
thereby generating lucrative payments for our customers as part of our comprehensive energy
as a service contract.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Toronto, Ontario, CA M5V 1Y6
Reference Number:
172-2024-2025-Q3-1022594
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
739066124
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 49 days.
Amendment Date
Apr 2, 2025
Recipient's Legal Name:
Parity Inc.
Federal Riding Name:
Spadina--Fort York
Federal Riding Number:
35101
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
511211
Amendments: