New Brunswick Industrial Financial Incentives for Insulation
Save Energy NB Industrial Retrofit Program (Large)
Save Energy NB Industrial Retrofit Program (Large)
Large industries are customers on the large industrial rate schedule. If you are a customer with an average demand of 2MW or more, you are eligible for Energy Management Information System (EMIS) incentives.
Large industry customers can get up to $20,000 to assess energy efficiency upgrades, up to $300,000 in incentives for custom projects, and, if eligible, up to $155,000 in incentives for EMIS.
The Industrial Energy Efficiency Program has funding available for both electric and non-electric saving opportunities. All non-electric projects will need to be complete and incentives paid by March 31, 2022.
| PROJECTS REDUCING ELECTRICITY | |
|---|---|
| ENERGY AUDIT OR FEASIBILITY STUDIES | CUSTOM INCENTIVES |
|
50% of eligible costs (Max $20K) |
Lesser of: $0.108/kWh or 50% of eligible costs (Max $300K) |
| PROJECTS REDUCING NON-ELECTRIC FUELS (PROPANE, NATURAL GAS, ETC.) | |
|
Custom Incentives |
|
|
Incentives start at 25% of capital costs. Please contact program staff to determine project eligibility. |
|
| PROJECTS REDUCING ALL FUELS | |
|
Energy Management Information Systems |
|
|
EMIS Audit: 50% of eligible study costs (Max $10K) EMIS Design: 50% of eligible study costs (Max $35K) EMIS Implementation: 50% of eligible project costs (Max $80K) EMIS Optimization: 50% of eligible project costs (Max $30K) |
|
Custom Incentives
The custom stream provides incentives on energy saving projects.
Project types include, but not limited to:
- Lighting and Controls
- Process Upgrades
- HVAC systems
- Refrigeration
- Building Envelope
- Compressed Air
Save Energy NB Industrial Retrofit Program (Small and Medium)
Save Energy NB Industrial Retrofit Program (Small and Medium)
Small Industry: Customers with a small industrial rate code and a consumption of less than 500 MWh per year.
Medium Industry: Customers with a small industrial rate code and a consumption of 500 MWh or more per year.
The Industrial Energy Efficiency Program has funding available for both electric and non- electric saving opportunities. All non-electric projects will need to be complete and incentives paid by March 31, 2022.
| PROJECTS REDUCING ELECTRICITY | |||
|---|---|---|---|
| Type | Energy Audit or Feasibility Studies | Prescriptive Incentives | Custom Incentives |
|
Small Industries |
50% of eligible costs (Max $10K) |
Eligible products at set rebates (Max $40K) |
Lesser of: $0.108/kWh or 50% of eligible costs (Max $75K) |
|
Medium Industries |
50% of eligible costs (Max $10K) |
Eligible products at set rebates (Max $60K) |
Lesser of: $0.108/kWh or 50% of eligible costs (Max $150K) |
| PROJECTS REDUCING NON-ELECTRIC FUELS (PROPANE, NATURAL GAS, RENEWABLES, ETC.) | |||
|
Type |
Custom Incentives | ||
| Small and Medium Industries | Incentives start at 25% of capital costs. Please contact program staff to determine project eligibility. | ||