No Fixed Amount
Type of Program:
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:
The applicant must:
call 709-737-4902 to confirm their businesses eligibility.
provide detailed facility information to Hydro staff with the objective of identifying electricity savings potential, upon approval of eligibility,
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.