Program Details

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Objectives and Description:

This Program helps medium and large sized businesses implement electrical energy-saving projects by offering technical assistance, financial incentives and financing to offset the cost of engineering studies, energy efficiency equipment and installation. Incentive amounts are determined on a project-by-project basis and vary depending on the size of the project, energy-saving effectiveness of the measure, equipment involved and the financial need of the company. The maximum incentive available for each project is:

• 50% of the cost of a preliminary energy audit/scoping study to a maximum of $1,000
• 50% of eligible project costs to a maximum of $500,000
• on-bill financing for up to 2 years

Feasibility studies are eligible for incentives and are included in the total maximum eligible project amount. Efficiency Nova Scotia will contribute up to 100% of the cost to a maximum of $15,000, in which Efficiency Nova Scotia pays 50% of the incentive amount for feasibility and scoping studies upon receiving the study, and the remaining half of the incentive amount is paid when the project begins.

Type of Program:

• Advice
• Awareness/Information
• Financial Incentive
• Retrofit

Sectors:

• Commercial/Institutional
• Industrial