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Peak Rebate Program - New Brunswick - Canada
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Peak Rebate Program

Business incentive for reducing energy use during winter peaks
Last Update: March 3, 2026
Funding available
$ 10,000
Timeline
  • Open continuously
Location
New Brunswick, Canada

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.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Optimize production processes
  • Reduce environmental footprint
Eligible Funding
  • Maximum amount : 10,000 $
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • New Brunswick
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Canadians

Next steps

1
Determine your project
2
Validate your eligibility

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.

Eligibility

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

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

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.

What is the Peak Rebate Program?

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.

How much funding can be received?

Peak Rebate Program Funds up to $10,000 of admissible expenses.

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

What expenses are eligible under Peak Rebate Program?

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.

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.

Where is the Peak Rebate Program available?

The Peak Rebate Program program is available the province of New Brunswick.

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

Peak Rebate Program is a Grant and Funding