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Retrofit Funding: ecoENERGY Retrofit Incentive for Industry

July 1, 2011

What’s New?

The ecoENERGY Retrofit – Small and Medium Organizations program ended on March 31, 2011.

Please note that in order to be eligible for an incentive approved projects had to be completed by March 31, 2011. Projects that were not completed by March 31, 2011 will not be eligible to receive an incentive, even if a contribution agreement has been signed by both NRCan and the company.

For more information, refer to the questions and answers.

Natural Resources Canada's (NRCan's) ecoENERGY Retrofit program was designed to help industrial facilities overcome financial barriers to improving the energy efficiency of their operations.

NRCan provided a financial incentive of up to 25 percent of project costs to a maximum of $50,000 per application and $250,000 per corporate entity to help small- and medium-sized industrial facilities implement energy-saving projects.

NOTE:  To be eligible for an incentive, companies must have been approved for funding by NRCan and a Contribution Agreement must have been signed by both NRCan and the company before starting the energy retrofit.

Benefits of a Retrofit Project

Using energy more efficiently helps industry to become more competitive and reduce greenhouse gases (GHGs) and air pollution, thereby contributing to a cleaner environment for all Canadians.

This program helped companies:

  • implement retrofit projects that generate annual energy savings and pay for themselves through reduced expenditures on utilities, such as energy, water and waste
  • establish a baseline against which to compare future improvements
  • help kick-start their energy management strategy

In conjunction with a facility's retrofit improvements, NRCan's energy management workshops and other tools can help companies to identify low- or no-cost energy-saving opportunities, such as improving a facility's operating procedures and educating building users.