Business Rebate Program - Atlantic Canada Business Grants

Amount:

$250,000.00

Type of Program:

Rebate

Description:

The Business Rebate Program provides financial support to help businesses offset the costs of energy efficient products at their facility.

Comments on Funding:

The funding is in the form of a rebate of 25% of eligible project costs. There is a lifetime cap of $250,000 per eligible
project site.

When It Ends:

Ongoing

Deadline:

December 31, 2023

Eligibility:

The applicant must:

be classified under the Small Industrial, General Service 1, or General Service 2 Rate Schedule as per NB Power’s Rate Schedules and Policies,
be located within New Brunswick,
have authorization to approve installation of equipment at the Eligible Project Site,
propose projects that replace existing equipment, decrease energy use, and result in a reduction of greenhouse gas emissions.

Application Steps:

The applicant must:

develop scope, if he decides to proceed after Step 1.

submit a pre-approval form,

implement the project, after approval is granted by Program Staff,

once the project is complete, he can request the incentive,

once NB Power has approved the payment request, the Incentive will be paid by direct deposit to participant’s account within 60 days.

Documentation Needed:

Applicants must submit:

Other Things to Note:

Grants will be available until the budgeted amount of this program has been depleted for any calendar year.

Program Contact:

Business Rebate Program

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