AAA Advisory Logo

CleanBC — Custom-Lite Program

Up to $84,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Imagine transforming your building while saving money—this program can help make that a reality. With grants up to $72,000 for heat pump units and funding of up to $2,000 for energy studies, you can enhance your energy efficiency and reduce greenhouse gas emissions simultaneously. This is not just a win for your business; it's a step toward a sustainable future.

Applying to this program means investing in essential upgrades that can lead to lower energy costs over time. You'll enjoy the benefits of financial support without immediate repayment, allowing you to embrace eco-friendly practices with less stress. Additionally, there are no revenue limits or employee requirements, making this opportunity available for businesses of all sizes.

By getting involved, you're not only improving your building but also contributing to a greener environment. It's an easy way to take your business forward while making a positive impact. Why not take advantage of this chance to bring your operations into a more sustainable light?

Financing Details

The financing provided is a capital incentive program.

  • Maximum Funding Amounts: You can receive up to $72,000 for heat pump units. Additionally, funding of up to $2,000 is available for energy studies.
  • Repayment and Interest: There are no repayment terms or interest rates associated with this funding, making it a straightforward option for your business.

Eligible Expenses:

  • Heat pump installations
  • Energy studies to assess efficiency improvements

Ineligible Expenses:

  • The funds cannot be used for any expenses outside of the specified projects, such as general operational costs or unrelated capital improvements.

Associated Fees:

  • There are no fees associated with this program. It’s designed to be a cost-effective solution for your energy efficiency needs.

Qualifications

  • Location: Must be based in British Columbia.
  • Sectors: Available to commercial, institutional, and multi-unit residential sectors.
  • Employees: No minimum or maximum employee requirements.
  • Company Revenue: No minimum or maximum revenue qualifications.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.

Disqualifications:

  • No specific disqualifications mentioned in the context.

Description

The program is designed to help your business reduce greenhouse gas emissions through electrification. You can receive up to $72,000 to install heat pump units, which can enhance your building's energy efficiency. Additionally, if you need to conduct energy studies, there’s funding available for up to $2,000 to support that.

Using the funds, you can make improvements that not only lower your environmental footprint but also potentially save on energy costs in the long run. The program allows you to invest in essential upgrades without the burden of immediate repayment, making it easier for you to embrace sustainable practices.

With no minimum or maximum revenue requirements, the program is open to all types of buildings. This means you have the flexibility to make impactful changes regardless of your business's size or structure. It's a great chance to invest in your building's future while contributing to a greener environment.

Program Steps

  1. Gather Documentation
    Prepare the following documents to apply:

    • Business registration details
    • Proof of ownership or lease agreement for the building
    • Recent energy bills
    • Description of the planned upgrades
    • Cost estimates for the heat pump units and any energy studies
  2. Complete the Application Form
    Visit the program's website and download the application form. Fill it out thoroughly, ensuring all fields are complete.

  3. Submit Your Application
    Send your completed application form and all required documents to the designated program office, either online or by mail.

  4. Await Review
    After submission, the program team will review your application. They may contact you for additional information or clarification.

  5. Receive Notification
    If your application is approved, you will be notified of the funding amount. Make sure to keep an eye on your email for any updates.

  6. Implement Upgrades
    Once approved, start the installation of the heat pump units and any other planned improvements as outlined in your application.

  7. Report Back
    After completing the upgrades, submit any required documentation to confirm the installation. This may include invoices and photos of the work completed.

Visit Program Website