Newfoundland & Labrador Commercial Financial Incentives for Insulation

TakeCharge Business Efficiency Program

Here are some upgrades you can make to reduce your electricity costs in these areas. Don’t forget you can get back up to $50,000 when you make eligible energy efficient upgrades to your business:

Insulate, Seal and Save

Address any building envelope issues:

• Roof Insulation
• Wall Insulation
• Gaps around doors, windows and entry point into the facility

Business Efficiency – Custom Program

Take Charge NL and Newfoundland Power are offering the following incentive for projects that result in energy savings:

• free energy assessment; up to 50% of the cost of an energy audit, if required, to a max. of $3,000
• $0.10/kWh for the first year of energy savings, up to a maximum of $50,000

Isolated Systems Business Efficiency Program

The 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.

Incentives paid to the customer will typically be up to 80% of eligible project costs.

Potential Project Ideas:

• Replace older fluorescent lighting with high performance models
• Reduce unnecessary lighting by installing occupancy sensors in spaces with variable occupancy, such as washrooms
• Minimize compressed air use by fixing leaks, reducing system pressure, and installing intelligent controls
• Install or upgrade insulation to reduce heat lost from refrigeration systems
• Install variable speed drives on motors with varying loads, such as ventilation system fans
• Replace old motors with high efficiency motors
• Recover waste heat from refrigeration or compressed air systems to heat occupied spaces