NB Power

Small and Medium Industry Incentives – Industrial Energy Efficiency Program

This program is currently closed.

Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Industrial Energy Efficiency Program provides funding to small and medium scale industry customers for both electric and non-electric saving opportunities for projects reducing electricity, for energy audit or feasibility studies, and for projects reducing non-electric fuels (propane, natural gas, etc.).

The custom stream provides incentives on energy saving projects, including: process upgrades, HVAC systems, refrigeration, building envelope, and compressed air.

Comments on Funding:

Funding for energy audit or feasibility studies for projects reducing electricity is 50% of eligible costs, up to a maximum of $10,000.
Custom incentives for projects reducing electricity are the lesser of $0.108/kWh or 50% of eligible costs, up to a maximum of $75,000 for small industries and up to a maximum of $150,000 for medium industries.
Custom incentives for projects reducing non-electric fuels start at 25% of capital costs.

When It Ends:

Closed

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:

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.

Program Contact:

Small and Medium Industry

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

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:

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

Energy Management Information Systems (EMIS)

Amount:

$155,000

Type of Program:

Grants

Description:

Energy management information systems provide industries the right information to help businesses optimize their energy use. Funding is up to $155,000 in incentives for EMIS.

Comments on Funding:

Funding is as follows:

50% of eligible study costs, up to a maximum of $10,000 for EMIS Audit,
50% of eligible study costs, up to a maximum of $35,000 for EMIS Design,
50% of eligible project costs, up to a maximum of $80,000 for EMIS Implementation,
50% of eligible project costs, up to a maximum of $30,000 for EMIS Optimization.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

large and small scale industries, for-profit businesses,
operating in Prince Edward Island.

Application Steps:

Applicants must complete and submit the online application form.

Program Contact:

Industrial Program

Industrial Energy Efficiency Program

Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Industrial Energy Efficiency Program provides funding to large and small scale industry customers for both electric and non-electric saving opportunities for projects reducing electricity, for energy audit, feasibility studies, or service studies and for projects reducing greenhouse gases.

The project stream provides incentives on energy saving projects, including: process improvements, HVAC systems, refrigeration, building envelope, compressed air, energy intensity reduction, fuel switching.

Comments on Funding:

Funding for energy audit, feasibility studies or service studies for projects reducing electricity is up to 100% of eligible costs, up to a maximum of $20,000 for small industries and $40,000 for large industries.

Project incentives for projects reducing electricity are the lesser of $0.108/kWh or 50% of eligible costs, up to a maximum of $250,000 for small industries and $500,000 for large industries.

Project incentives for non-electric projects reducing greenhouse gases are 25% of capital costs.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

large and small scale industries, for-profit businesses,
operating in Prince Edward Island.

Application Steps:

Applicants must complete and submit the online application form.

Other Things to Note:

Incentives for non-electric projects are available until December 2023.

Program Contact:

Industrial Program

The Low Carbon Economy Leadership Fund

Amount:

$1,000,000.00

Type of Program:

Grants

Description:

The Low Carbon Economy Leadership Fund helps businesses and organizations address climate change by reducing emissions and driving innovation. The program provides financial incentives to industry, commercial businesses, not-for-profit organizations and public institutions.

Comments on Funding:

Funding is up to 25% of eligible costs up to a maximum of $1,000,000.
Commercial businesses, not-for-profit organizations and public institutions can also get up to $100,000 for electricity-saving upgrades.
Industrial facilities can also get up to $300,000 for electricity-saving upgrades.

When It Ends:

Ongoing

Deadline:

December 2023

Eligibility:

The applicants must be:

commercial businesses, such as: office buildings, shopping centres & retailers, accommodations, sporting facilities, nursing homes, parking facilities, restaurants & service industry, multi-unit, residential buildings.
industrial businesses,
not-for-profit organizations,
institutions.

Application Steps:

Applicants must first fill out the contact form and then a team member will help them get started.

Program Contact:

Low Carbon Economy Leadership Fund