takeCHARGE Business Efficiency Program
NL, Canada
Money for energy efficiency improvements in Newfoundland and Labrador
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Hydro / Newfoundland Power
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grant_card_status|open
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Get up to $50,000 to make your organization more energy efficient.
grant_single_labels|terms_and_conditions
This grant provides financial support to businesses investing in energy-efficient projects, helping to offset costs and encourage sustainable practices. The financing options are designed to maximize financial and energy savings for participants.
- A rebate of $0.10 per kWh on the first year of energy savings, up to a maximum of $50,000.
- Potential for additional incentives based on demand savings.
- Up to 50% funding for energy audits, capped at $3,000, requiring pre-approval.
- Feasibility study funding covering 75% of eligible costs, up to $5,000, with a minimum 25% stake from the customer.
grant_single_labels|projects
The takeCHARGE Business Efficiency Program offers financial support for implementing energy-saving projects and upgrades in various business settings. Eligible activities include enhancements to lighting, heating, cooling, and operational systems that lead to reduced energy consumption and costs.
- Upgrading lighting systems to energy-efficient LED technology.
- Improving heating and cooling systems for increased efficiency.
- Implementing energy-efficient refrigeration solutions.
- Installing passive heat recovery systems and air to water heat pumps in office buildings.
- Using variable speed pumps for efficient cleaning operations in fish plants.
- Incorporating remote energy management control systems for optimized energy use.
- Completing feasibility studies and energy audits to identify potential energy-saving measures.
grant_single|admissibleProjectsExample
$ 40,000
Installing LED lighting and energy-efficient equipment at EcoMarket Enterprises
$ 40,000
Refrigeration upgrades at FreshMart Grocery
$ 25,000
LED lighting upgrades at BrightFuture Education Center
$ 30,000
Passive heat recovery installation at GreenTech Industries
$ 30,000
Energy-efficient equipment installation at MapleHealth Clinic
$ 25,000
Upgrading the heating and cooling system at GreenThumb Cooperative
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's energy efficiency projects and engagement with takeCHARGE.
- The project must result in energy savings, with a rebate of $0.10/kWh of first-year energy savings available.
- The maximum rebate is $50,000, contingent upon meeting energy savings criteria.
- Demand savings may also qualify for the rebate.
- An energy assessment must be conducted by a takeCHARGE energy expert at the commercial facility.
- Projects requiring further evaluation may necessitate an energy audit or feasibility study, with potential takeCHARGE funding available for these assessments.
- The energy audit must be performed by a qualified professional energy auditor.
- For complex or large-scale projects, a pre-approved feasibility study may be required.
- The project must remain in service and deliver energy savings for a minimum of five years.
grant_eligibility_criteria|who_can_apply
This grant is available to businesses of various types and sizes, including office buildings, warehouses, fish plants, and retail stores, who are looking to implement energy-efficient solutions and reduce energy consumption as part of their operations.
- Businesses of any size and sector that are interested in energy-efficient improvements.
- Commercial entities such as office buildings, warehouses, fish processing plants, retail stores, and more.
- Companies seeking to upgrade their infrastructure to energy-efficient lighting, heating, cooling, or refrigeration systems.
- Organizations interested in passive heat recovery systems or variable speed pumps for energy efficiency.
- Businesses willing to invest in energy efficiency with the potential to receive rebates for their first-year energy savings.
grant_eligibility_criteria|who_cannot_apply
Based on the grant context provided, there are no specific types of companies mentioned that are not eligible for the grant.
grant_eligibility_criteria|eligible_expenses
The Business Efficiency Program offers financial incentives for businesses to implement energy-saving upgrades. Eligible activities include various energy-efficient upgrades across different types of industries.
- LED lighting upgrades for improved energy efficiency.
- Installation of variable speed pumps for optimized energy usage in industrial cleaning processes.
- Retrofitting buildings with energy-efficient heating and cooling systems.
- Integration of passive heat recovery and air to water heat pumps in office buildings.
- Use of remote energy management control systems to reduce energy consumption.
grant_eligibility_criteria|zone
This grant is available to businesses located in specific areas within Newfoundland and Labrador. These areas are specifically targeted to support commercial customers in isolated systems.
- St. John's, Newfoundland and Labrador
- Bay Roberts, Newfoundland and Labrador
- L'Anse au Loup, Newfoundland and Labrador
- Grand Falls-Windsor, Newfoundland and Labrador
grant_single_labels|criteria
There are evaluation and selection criteria for this grant.
- Project must meet eligibility requirements
- Energy savings must be quantifiable and verifiable
- Projects should contribute to significant energy efficiency improvements
- Applicants must undergo an energy assessment and project proposal process
- Projects must stay in service for a minimum of five years
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Energy Assessment
- Have a takeCHARGE energy expert conduct an energy assessment at your facility.
- Receive a prioritized list of recommended projects to reduce energy use.
- If needed, consider further evaluation through an energy audit, potentially funded by takeCHARGE.
- Step 2: Project Proposal
- Fill out a project proposal form provided by your takeCHARGE contact.
- Return the completed proposal form to takeCHARGE.
- Step 3: Project Development Agreement
- Receive a project development agreement if your proposal is approved.
- Review the agreement, which outlines project deliverables, expected savings, incentives, and obligations.
- Sign and return the agreement to begin your energy efficiency upgrade.
- Step 4: Project Close-Out, Measurement and Verification (M&V)
- Implement the project and proceed with measurement and verification of energy savings.
- Quantify energy savings and determine the final incentive amount.
- Ensure all conditions of the project development agreement are met, including maintaining energy savings for five years.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- takeCHARGE may fund 50% of the cost of an energy audit, up to a maximum of $3,000.
- For feasibility studies, approved applications may receive 75% of the eligible costs, up to a maximum of $5,000.
- Projects must provide a minimum of 85% of the estimated energy savings to avoid incentive reductions.
- The project must remain operational and deliver energy savings for a minimum of five years after completion.
Apply to this program
Save Big with Custom Solutions and Energy Efficiency
The Business Efficiency Program by takeCHARGE provides substantial financial incentives for upgrading to energy-efficient solutions, helping businesses reduce operational costs and improve environmental sustainability. These initiatives are tailored to meet the unique energy needs of different industries, offering rebates that can amount to significant savings.
Unlock Energy Savings with the Business Efficiency Program
The Business Efficiency Program, brought to you by takeCHARGE, is designed to assist businesses in adopting energy-efficient technologies that significantly cut down on their electricity costs. This program is not only about reducing energy consumption but also about fostering a more sustainable business environment by supporting significant energy-saving projects. Eligible companies, across a wide array of industries such as offices, warehouses, fish plants, and retail stores, can benefit from rebates on their energy upgrades, with incentives reaching up to $50,000.
Energy efficiency projects supported by this program include upgrades to lighting systems, heating and cooling solutions, refrigeration, and more. For instance, Purity Factories successfully transitioned to LED lighting with the guidance of the takeCHARGE team, resulting in a monthly energy cost saving of $575 and earning a $4,840 rebate. Another example is the Beothuck Building in St. John’s, which implemented passive heat recovery systems and energy-efficient controls leading to 415,700 kWh in annual energy savings and a takeCHARGE incentive of $34,200.
The process to get started is straightforward and begins with a comprehensive energy assessment conducted by a takeCHARGE expert. This high-level assessment aims to identify potential energy-saving opportunities and is fully funded by takeCHARGE, making it accessible to all businesses. Post-assessment, recommendations are provided, some of which may require further evaluation through an energy audit or a feasibility study. The project proposal and agreement stages follow, detailing the expected savings and outlining the responsibilities of all parties involved.
Upon successful completion of the project, a verification process is conducted to measure the actual energy savings, ensuring they align closely with initial estimates to determine the final incentive amount. This structured approach not only guarantees financial savings for businesses but aligns these benefits with tangible environmental impacts, reinforcing the dual goal of economic efficiency and sustainability.
Moreover, the program encourages businesses in isolated systems, like those serviced by Newfoundland and Labrador Hydro, to take advantage of these incentives. Such focused support ensures wider participation regardless of a business’s geographic location, promoting inclusive growth and development.
This initiative also complements other energy-saving programs through offerings like product rebates and efficiency tips, providing a holistic solution to reduce energy consumption. By integrating energy-efficient technologies, businesses can significantly impact their bottom-line, enhancing day-to-day operations through reduced energy bills, decreased maintenance costs, and improved operational comfort for both employees and customers.
takeCHARGE's Business Efficiency Program is an excellent opportunity for enterprises to modernize their infrastructure affordably while contributing to a sustainable future. By tapping into the expertise and resources offered, businesses not only save money but also bolster their commitment to environmental stewardship and corporate responsibility, positioning themselves as leaders in energy efficiency within their sectors.
