What Can the Efficient Solutions Program Fund?
The Efficient Solutions Program — Medium and Large Businesses Component, offered by Hydro-Québec, is designed to support enterprises looking to enhance their energy efficiency. This program provides substantial financial assistance for implementing energy-efficient measures in commercial, institutional, and industrial buildings. For full eligibility details, consult the complete program guide.
Overview of the Efficient Solutions Program
The program aims to improve energy performance by subsidizing the cost of purchasing and installing energy-efficient equipment. It covers up to 75% of eligible expenses for medium and large businesses. These businesses must be on certain Hydro-Québec business rates, such as G9, M, L, or LG. The full application process is outlined in the complete program guide.
Eligible Expenses
The program funds a variety of energy-efficient upgrades, including:
Heating and Cooling Systems: Efficient heat pumps that meet both heating and cooling needs are covered. These pumps can be up to three times more efficient than traditional heating methods.
Automation Equipment: Equipment for demand response management that maximizes DR credits and facilitates operational management.
Lighting and Control Systems: Upgraded lighting systems that reduce energy consumption significantly.
Popular Equipment Examples
Efficient Heat Pump: Provides heating and cooling, significantly reducing energy costs.
Automation Equipment: Enhances efficiency and management ease, boosting the organization’s brand image.
Funding Amounts
The program provides up to 75% of eligible costs. This substantial coverage is crucial for businesses looking to invest in energy-efficient technologies. Visit the complete program guide for current funding rates.
Expense Documentation Requirements
To qualify for funding, businesses must provide detailed documentation of expenses. This includes invoices, receipts, and proof of installation. For comprehensive details on required documents, refer to the complete program guide.
Conclusion
The Efficient Solutions Program offers a significant opportunity for businesses to reduce energy costs and improve efficiency through financial support. By focusing on key areas like heating, cooling, and automation, the program ensures that businesses can achieve substantial energy savings. For more detailed information on expenses and the application process, consult the complete program guide.
