• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Atlantic Canada Business Grants

  • Atlantic
    • Accelerators
    • Entrepreneurship Programs
    • Competitions
    • Equity Investment Programs
    • Grants
      • Black Business Grants
      • Export Grants
      • Indigenous Business Grants
      • Women Business Grants
    • Loans
    • Wage Subsidies
    • Funding Organizations
      • ACOA
      • CBDC
  • New Brunswick
    • New Brunswick Small Business Guide
      • Major Industries in NB
      • Starting a Business in NB
      • Best Business to Start in NB
      • Businesses for Sale in NB
        • Franchise Opportunities in NB
      • Register a Business in NB
        • NB Business Registry
        • NB Business License
      • Incorporating a Business in NB
    • Grants
      • Start Up Business Grants
    • Loans
      • How to Get a Small Business Loan in NB
    • Rebates
    • Tax Credits
    • Wage Subsidies
  • Newfoundland
    • Newfoundland & Labrador Business Guide
      • Major Industries in NL
      • Start a Business in NL
      • Best Business to Start in NL
      • Businesses for Sale in NL
      • Incorporate a Business in NL
      • Register a Business in NL
    • Grants
      • Start Up Business Grants
    • Loans
    • Rebates
    • Tax Credits
    • Wage Subsidies
  • Nova Scotia
    • Nova Scotia Small Business Guide
      • Top Industries in NS
        • Halifax Industries
      • Starting a Business in NS
      • Best Business to Start in NS
      • Businesses for Sale in NS
        • Franchise Opportunities
        • Halifax Business for Sale
          • Business Brokers in Halifax
      • Incorporating a Business in NS
      • Register a Business in NS
        • NS Registry of Joint Stocks
          • How to Search the NS Registry
        • NS Business Number
        • NS Business License
      • Business Insurance in NS
      • Business Immigration to NS
      • Business News in NS
      • Business Resources for NS
    • Grants
      • Start Up Business Grants
    • Loans
      • How to Get a Business Loan in NS
    • Rebates
    • Tax Credits
    • Wage Subsidies
  • PEI
    • PEI Small Business Guide
      • Major Industries in PEI
      • Starting a Business in PEI
      • Best Business to Start in PEI
      • Businesses for Sale PEI
      • Incorporate a Business in PEI
      • Register a Business in PEI
        • PEI Business Registry
    • Grants
      • Start Up Business Grants
    • Loans
    • Rebates
    • Tax Credits
    • Wage Subsidies
  • About
  • Get Help

takeCHARGE Isolated Systems Business Efficiency Program

by Maurice | February 5, 2023

Amount:

No Fixed Amount

Type of Program:

Grant, Rebate


Description:

The takeCHARGE Isolated Systems Business Efficiency Program targets Newfoundland and Labrador Hydro’s (Hydro) commercial customers in isolated systems, providing support and financial incentives for a wide range of energy saving projects.

Comments on Funding:

Incentives paid to the customer will typically be the lesser of:

  • an incentive based on first-year energy savings, at a rate of $0.4/kWh,
  • 80% of eligible project costs.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • Applicants must be Newfoundland and Labrador Hydro’s (Hydro) commercial customers in isolated systems.

Application Steps:

Applicants must:

1

call 709-737-4902 to confirm their businesses eligibility.

2

provide detailed facility information to Hydro staff with the objective of identifying electricity savings potential, upon approval of eligibility,

3

enter into a formal Project Development Agreement with Hydro outlining the project deliverables, expected energy savings, incentives to be provided by Hydro, and obligations of both parties. 

After the project has been successfully implemented, the final step of the ISBEP is the Project Close Out/Measurement and Verification step, primarily consisting of quantifying energy savings and finalizing incentives to be dispersed.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

No other details available.

Program Contact:

Isolated Systems Business Efficiency Program

Related posts:

Newfoundland & Labrador Small Business: Complete Guide for Entrepreneurs
Newfoundland Small Business Start Up Grants (2023): Current List of Programs
Major Industries in Newfoundland and Labrador: Overview of 6 Growth Industries
Aboriginal Business Financing Program (ABFP)

About Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Footer

Company

  • About
  • Services
  • Contact
  • Privacy Policy

Grants

  • NS Grants
  • NB Grants
  • NL Grants
  • PEI Grants

© 2023 · Atlantic Canada Business Grants

  • About
  • Services
  • Contact
  • Privacy Policy