Risk Management

Several risks have been identified with the implementation of contractor support and ESP improvements. Mitigation strategies are outlined below:

Contractor Non-Participation
- Risk: Some contractors may remain hesitant to join or stay in the ESP due to financial and administrative concerns.
- Mitigation: Offer targeted incentives, provide upfront financial support, and simplify the ESP registration and submission processes.
Limited Funding Availability
- Risk: Insufficient government funding may limit program expansion and effectiveness.
- Mitigation: Seek additional funding from provincial/federal sources and private partnerships.
Administrative Challenges and Delays
- Risk: Changes to the ESP may lead to short-term confusion or processing delays.
- Mitigation: Implement a phased rollout with pilot testing to identify administrative bottlenecks before full implementation.
Low Homeowner Engagement
- Risk: Residents may not take advantage of enhanced ESP offerings due to lack of awareness.
- Mitigation: Conduct targeted outreach campaigns and provide clear guidance on available incentives.
Supply Chain Issues
- Risk: Delays in material supply could impact retrofit project timelines.
- Mitigation: Work with suppliers to ensure material availability and explore local sourcing options.

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