What the Efficient Solutions Program Can Fund for Your Business

The Efficient Solutions Program — Medium and Large Businesses Component, offered by Hydro-Québec, is designed to enhance energy efficiency in commercial, institutional, and industrial buildings across Canada. By providing financial support for energy-efficient equipment and systems, the program helps businesses reduce their energy costs and environmental footprint.

For full eligibility details, consult the complete program guide.

Overview of Eligible Funding

Businesses participating in the Efficient Solutions Program can receive up to 75% coverage of eligible costs. This substantial support extends to various energy efficiency projects, including the purchase and installation of equipment that optimizes energy use.

Eligible Expenses

Energy-Efficient Equipment

Eligible expenses include equipment that significantly improves the energy performance of your facilities. Examples are:

• Efficient Heat Pumps: These systems meet both heating and cooling needs, and are up to three times more efficient than baseboard heating.

• Automation Equipment for Demand Response: This equipment helps manage power demand effectively, maximizing demand response credits and simplifying operations.

For specific funding amounts and calculations, visit the complete program guide.

Ineligible Expenses

While the program offers broad support, certain costs are not covered. These typically include:

• General maintenance costs

• Non-energy efficient equipment

• Operational overheads unrelated to energy efficiency

Refer to the complete program guide for a detailed list of ineligible expenses.

Funding Disbursement Process

Funds are generally disbursed upon the completion of eligible projects, following the submission of necessary documentation. It's crucial to maintain accurate records of all expenditures and to adhere to the documentation requirements outlined in the program guide.

Conclusion

The Efficient Solutions Program provides a vital opportunity for medium and large businesses to enhance their energy efficiency while benefiting from significant financial assistance. By focusing on eligible expenses and maintaining compliance with program requirements, businesses can maximize their funding potential.

For a comprehensive understanding of what the program can fund, and to explore application details, consult the complete program guide.