Peak Rebate Program

Q: How much funding can be received?

Peak Rebate Program Funds up to 10000% of admissible expenses.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the Peak Rebate Program a grant, loan, or tax credit?

Peak Rebate Program is a Grant and Funding

Q: Who are the financial supporters of the Peak Rebate Program?

Peak Rebate Program is funded by NB Power, Save Energy NB

Q: Who is eligible for the Peak Rebate Program program?

To be eligible for the Peak Rebate Program program, you must: • NB Power customer with General Service I/II, Small or Large Industrial rate class, or similar • Ability to reduce demand by at least 100 kW during events • Project site located in New Brunswick

Q: Who can I contact for more information about the Peak Rebate Program?

You can contact NB Power by email at CIDR-GDCI@nbpower.com or by phone at 1-800-663-6272.

Q: Where is the Peak Rebate Program available?

The Peak Rebate Program program is available the province of NB.

Last Update: August 27, 2025

NB, Canada

Business incentive for reducing energy use during winter peaks

At a glance

Eligible Funding

Max. $10,000

Timeline

Unspecified

Financing Type

Grant and Funding

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

The Peak Rebate Program offers businesses in New Brunswick a financial incentive of $60/kW for average demand reduction achieved during winter peak events, up to a maximum determined by site performance. The program aims to help businesses temporarily reduce electricity use during peak periods through eligible activities such as equipment adjustments and operational changes, supporting grid stability and efficiency.

Financing terms and conditions

Participants receive a single incentive for the season, calculated as the average kW demand reduction achieved during all peak events, paid at a rate of $60/kW.
If no peak event notices are issued during the winter period, a Reserve Payment equal to 10% of the average monthly peak demand (calculated between 7:00 - 9:00 AM from December to end of March, excluding weekends and statutory holidays) is provided, paid at a rate of $60/kW, to a maximum of $10,000.
Payments are issued as a lump sum via direct deposit at the conclusion of the season, based on actual performance.

Activities funded

Implementation of demand reduction measures to temporarily lower energy use during peak winter periods.
Projects aimed at reducing electricity consumption between 7:00 and 9:00 AM on selected business days from December to March.

Examples of admissible projects:

$ 48,000

Acquiring digital X-ray equipment for community dental clinic

$ 35,000

Launching a bilingual e-commerce platform for local artisans

$ 42,000

Installing rooftop solar panels for small business energy savings

$ 22,000

Constructing an accessible outdoor play space for children with autism

$ 20,000

Implementing a modern food traceability system for grocers

$ 45,000

Upgrading equipment for eco-friendly textile production facility

Eligibility

The applicant must be a business or industry in New Brunswick with an account in good standing with NB Power, Saint John Energy, Perth-Andover Electric Light Commission, or Edmundston Energy.
The site must have a consistent and repeatable energy usage profile between 7:00 and 9:00 AM on business days during the winter period (December 1 to March 31).
The project site must have an interval meter owned by NB Power (or allow installation of one at no cost), with necessary energy data available for the preceding winter period or installed and operational with demand reduction measures by the end of October for new customers.
The site must be able to demonstrate the ability to decrease energy use by at least 100 kW during each peak event window.
The applicant must either be the account owner or have documented consent from the account owner to participate in the program.

Who is eligible?

General Service I or II customers of NB Power
Small Industrial customers
Large Industrial customers
Non-NB Power business customers in similar rate classes (e.g., Saint John Energy, Perth-Andover Electric Light Commission, or Edmundston Energy)

Who is not eligible

Companies enrolled in the Surplus Energy Rate program.
Companies enrolled in the Interruptible Energy Rate program.
Companies receiving Curtailable Power Credits.
Companies enrolled in the Large Industrial Renewable Energy Purchase Program (LIREPP).
Residential and wholesale customers.

Eligible expenses

Expenses related to implementing demand reduction measures during peak events, such as reducing operating equipment, adjusting air handling systems, postponing high-electricity tasks, cycling heating, changing compressor settings, switching to alternate power sources (e.g., on-site generators or batteries), and pre-heating spaces.

Eligible geographic areas

Sites located in New Brunswick

How to apply

Check eligibility requirements

Review the eligibility criteria for the Peak Rebate Program
Ensure your business is in a qualifying rate class and located in New Brunswick
Assess your site's energy usage profile and reduction potential

Submit application form

Complete and submit the Program Application Form
List all sites under the relevant utility account owner
Specify demand reduction measures and anticipated kW reduction

Application reviewed by NB Power

NB Power reviews your application and may request a site visit
Receive email confirmation if your application is accepted
Install or ensure an interval meter is available on-site

Participate in tests and preparations

Confirm participation by responding to email communications test
Implement demand reduction measures by the end of October
Participate in an unscheduled test event in November

Respond to peak event notifications

During peak event notifications (December to March), reduce energy use as instructed
Respond to email notifications for each event day (maximum 12 events per winter)

Receive report and payment

Receive a Performance Report summarizing average demand reduction
Receive lump sum payment via direct deposit based on actual performance

Confirm participation next year

Sites demonstrating reliable participation are pre-enrolled for the following winter
Confirm continued participation by reviewing and updating application for the new season

Additional information

If no peak events are called during the winter season, a Reserve Payment will be provided, calculated at 10% of your average monthly peak demand, up to a maximum of $10,000.
An unscheduled test event will take place in November to benchmark demand reduction potential, which is considered when assessing ongoing eligibility.
Participants must respond to all communications and verify correct email addresses to ensure proper event notification.
Performance is evaluated across all events for the season, and sites failing to participate reliably may not be approved for future program years.

Contacts

CIDR-GDCI@nbpower.com

1-800-663-6272

Apply to this program

Frequently Asked Questions about the Peak Rebate Program Program

Here are answers to the most common questions about the Peak Rebate Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.