Most small and medium industrial facilities can benefit from an energy audit and energy upgrades.
The Small and Medium Industrial Program aims to assist eligible New Brunswick industrial organizations to improve their competitiveness, productivity, and environmental performance through the implementation of energy efficiency improvements.
How the Program Works
For complete details on the Small and Medium Industrial Program, please contact one of Efficiency NB’s Industrial Advisors
ELIGIBLE PARTICIPANTS The Program is generally open to organizations that operate an industrial facility in New Brunswick spends over $300,000 on energy (all fuels) and uses at least 50% of it for processing operations.
ELIGIBLE STUDIESTwo main types of studies are supported by the Small and Medium Industrial Program:
- Opportunity Identification Study: An audit aimed at understanding energy usage and at identifying and determining the preliminary feasibility potential energy efficiency project opportunities within a facility
- • Business Case: A detailed feasibility assessment undertaken to build an investment-grade business case for the implementation of energy efficiency capital projects
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ELIGIBLE PROJECTS Capital projects are generally considered for eligibility if they result in the following types of benefits:
- Measurable, sustainable energy efficiency or fuel substitution performance improvement;
- Reduced energy intensity; and/or
- Decreased greenhouse gas (GHG) emissions
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FINANCIAL INCENTIVES Efficiency NB provides financial incentives to assist Industry to identify and develop business cases for single or multiple Projects and to offset the capital costs of implementing Eligible Projects.
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PROGRAM & TIME FRAME The current Program is available to all qualifying Small and Medium Industrial companies on a first-come, first-served basis. More specifically, requests for participation in the Program will be considered as they are received, and approval and payment of qualified incentive funds will be pre-approved.
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PROGRAM PARTICIPATION AGREEMENT The Program Participation Agreement is a binding document, to be entered into by both Efficiency NB and the Industry that is structured to facilitate identification of potential energy savings and implementation of energy efficiency measures.
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GET STARTED!
Call Efficiency NB at 1 506 643-2560 or toll free at 1 866 643-8833
