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Small and Medium Industry Incentives – Industrial Energy Efficiency Program, Prescriptive Incentives

by Maurice | February 17, 2022

  • This program is currently closed.

Amount:

$60,000

Type of Program:

Rebate


Description:

The Prescriptive Incentive option offers rebates to small and medium scale industry businesses on select energy efficiency measures from a defined list that includes per unit incentives for simple one to one retrofits. Measures include: lighting, compressed air equipment and motor drive upgrades.
The Industrial Energy Efficiency Program has funding available for both electric and non- electric saving opportunities.

Comments on Funding:

Funding is available for eligible products at set rebates, up to a maximum of $40,000 for small industries and up to a maximum of $60,000 for medium industries. 


When It Ends:

Ongoing

Deadline:

Rolling deadline
March 31, 2022

Eligibility:

The applicant must:

  • be a small scale industry, for-profit businesses with a small industrial rate code and a consumption of less than 500 MWh per year,
  •  be a medium scale industry, for-profit businesses with a small industrial rate code and a consumption of 500 MWh or more per year,
  • operate in Prince Edward Island.

Application Steps:

1

Applicants must complete and submit the online application form.

Other Things to Note:

The Industrial Energy Efficiency Program for large industries and the Industrial Energy Efficiency Program for small and medium industries were merged under The Industrial Energy Efficiency Program. The link is not valid.

Program Contact:

Small and Medium Industry

Related posts:

New Brunswick Small Business: Complete Guide for Entrepreneurs
How to Get a Small Business Loan in New Brunswick: Quick Guide for NB Entrepreneurs
Business License New Brunswick: Step-by-Step Guide, Costs & More
Franchise Opportunities in New Brunswick: How to Find Franchises for Sale + Mistakes to Avoid

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.

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