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CleanBC — Custom Program

Up to $250,000
Type
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

You’re in a prime position to take advantage of the CleanBC Custom Program, designed to support businesses like yours with substantial funding for energy efficiency projects. With potential grants of up to $200,000, or $250,000 if you're in a northern area, this program can significantly ease the financial burden of implementing energy-saving measures. Imagine enhancing your operations with systems like heat pumps and electric boilers while also making a positive impact on the environment.

By applying, you can receive up to 50% of your energy study costs, which means you’ll be investing in processes that deliver measurable savings without risking your budget. Furthermore, the absence of strict payback periods or revenue requirements makes this program accessible and manageable for everyone. This isn’t just funding; it’s a chance to boost your efficiency and reduce your carbon footprint, all while focusing on what you do best—growing your business.

Financing Details

Type of Financing
This program offers capital incentives, covering up to 50% of energy study costs (maximum of $20,000) and providing capital incentives of up to $200,000 per customer, or $250,000 for eligible northern customers.

Repayment Terms and Eligible Expenses
There are no repayment terms or interest rates associated with the capital incentives. These funds can be used for a range of eligible expenses, including various heat pump systems, electric boilers, and heat recovery technologies that lead to measurable energy impacts.

Restrictions and Fees
Funds from this program cannot be used for expenses not directly related to the eligible energy efficiency improvements. Additionally, there are no hidden fees tied to the application or funding process. Keep it clear and simple—use this opportunity wisely!

Qualifications

  • Location: Must be within British Columbia.
  • Business Sector: Open to all sectors.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.
  • Employees: No minimum or maximum employee requirements.
  • Revenue: No minimum or maximum revenue qualifications.

Disqualifications: None specified.

Description

The CleanBC Custom Program offers significant funding for energy studies and electrification projects in your area. You can receive up to $200,000 for capital incentives, and if you're in a northern location, that amount goes up to $250,000. This can be a game-changer for your business, allowing you to implement energy-saving measures that improve efficiency and reduce your carbon footprint.

Eligible projects include various systems like heat pumps, electric boilers, and technologies that capture and use waste heat. For energy studies, you can get funding for up to 50% of the costs, capped at $20,000. This helps you invest in tools that provide measurable and verifiable energy savings without putting your budget at risk.

Additionally, the program has no strict payback period or revenue requirements, making it accessible to businesses of all sizes. This means you can focus on making your business greener without worrying about overly complex rules or repayment headaches. It’s an excellent chance to enhance efficiency while contributing to a cleaner environment.

Program Steps

  1. Identify Your Project
    Determine the energy efficiency project you wish to undertake, such as installing heat pumps or electric boilers.

  2. Gather Necessary Documentation
    Prepare the following documents needed for your application:

    • Business registration or incorporation documents
    • Proof of business address
    • Tax identification number
    • Detailed project proposal including expected energy savings
    • Quotes or estimates for equipment or services
    • Any prior energy studies (if applicable)
  3. Create a Detailed Budget
    Outline the expected costs for your project, including any labor and equipment costs, to ensure clarity in your application.

  4. Fill Out the Application Form
    Complete the application form available on the program's website, ensuring all sections are filled out accurately.

  5. Submit Your Application
    Send your completed application along with the required documentation through the program's submission portal.

  6. Await Confirmation
    After submitting, wait for acknowledgment of your application. Monitor for any communication regarding additional information or clarifications needed.

  7. Implement Your Project
    Once approved, begin the implementation of your energy efficiency project as outlined in your proposal.

Visit Program Website