Open
Source verified October 2, 2026
Large Industrial Renewable Energy Purchase Program
Keeps industrial electricity costs competitive
Funding available
Varies by project
Deadline
Open continuously
Location
Canada
Overview
Large Industrial Renewable Energy Purchase Program lets NB Power purchase renewable energy from eligible pulp and paper companies in New Brunswick at $127.78/MWh for 2026/27 to keep electricity costs competitive. It applies to renewable energy purchases, with annual CPI adjustments and proxy customer rate calculations.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Implement environmental initiatives
Eligible Funding
- Varies by project
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2026
Periods: 1
Official resources
Eligibility
Who is eligible?
- Pulp and paper mill sector customers.
Additional information
- The program operates under the Electricity from Renewable Resources Regulation of the Electricity Act.
- Some specific details and assumptions are determined by the Minister of Energy.
- The program uses a proxy customer profile based on consumption, demand, load factor, and connection voltage for rate comparisons.
Contacts
Frequently Asked Questions about the Large Industrial Renewable Energy Purchase Program Program
What is the Large Industrial Renewable Energy Purchase Program?
Large Industrial Renewable Energy Purchase Program lets NB Power purchase renewable energy from eligible pulp and paper companies in New Brunswick at $127.78/MWh for 2026/27 to keep electricity costs competitive. It applies to renewable energy purchases, with annual CPI adjustments and proxy customer rate calculations.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Large Industrial Renewable Energy Purchase Program program?
To be eligible for the Large Industrial Renewable Energy Purchase Program program, you must:
Participation is limited to the pulp and paper sector.
Who can I contact for more information about the Large Industrial Renewable Energy Purchase Program?
You can contact Government of New Brunswick by email at David.Sollows@gnb.ca or by phone at 506-658-3180.
Where is the Large Industrial Renewable Energy Purchase Program available?
The Large Industrial Renewable Energy Purchase Program program is available across Canada.
Is the Large Industrial Renewable Energy Purchase Program a grant, loan, or tax credit?
Large Industrial Renewable Energy Purchase Program is a Other Support
Who are the financial supporters of the Large Industrial Renewable Energy Purchase Program?
Large Industrial Renewable Energy Purchase Program is funded by Government of New Brunswick