Contribution: Industrial Research Assistance Program – Contributions to Firms
Parity Inc.
$75,000.00
Automated Electrical Demand Response Control Implementation
FY 2024-25 · 2024-09-16
Summary
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.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
739066124
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2024-09-16 | 2024-25 | $75,000.00 |
| 1 | 2024-09-16 | 2024-25 | $75,000.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 49 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 49 jours.
Agreement End Date
2025-03-31
Agreement Number
1022594
Agreement Start Date
2024-09-16
Agreement Title
Automated Electrical Demand Response Control Implementation
Agreement Title (French)
Mise en œuvre d’un système automatisé de contrôle de la réponse à la demande d’électricité
Agreement Type
Contribution
Agreement Value
$75,000.00
Amendment Date
2025-04-02
Amendment Number
1
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
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.
Description (French)
Mettre en œuvre un système automatisé de contrôle de la réponse à la demande d’électricité pour plus de 45 bâtiments multirésidentiels au cours des six prochains mois. L’objectif principal est de permettre à ces bâtiments de répondre automatiquement aux demandes des services publics de réduire la consommation d’électricité pendant les périodes de forte demande, générant ainsi des paiements lucratifs pour nos clients dans le cadre de notre contrat global d’énergie en tant que service.
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
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Spadina--Fort York
Federal Riding (French)
Spadina--Fort York
Federal Riding Number
35101
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
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
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
739066124
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Parity Inc.
Recipient Postal Code
M5V 1Y6
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q3-1022594
