Are you ready to enhance your business's energy efficiency and save on costs? This program offers up to $1.5 million in funding specifically for energy studies and conservation measures. With potential funding covering up to 75% of your project costs, you can implement significant improvements without bearing the full financial burden.

By applying, you open the door to substantial energy savings. Your projects could reduce your natural gas usage by at least 1,000 GJ annually or decrease electricity consumption by 50,000 kWh each year. Not only does this have a positive impact on your bottom line, but it also positions your business as an eco-friendly leader in your industry.

This program is designed to accommodate businesses of all sizes, with no strict revenue limitations. Whether you are a small business looking to grow or a large corporation seeking to improve sustainability, you stand to gain from this support. Investing in energy efficiency today means lasting benefits for years to come.

The financing provided under this program includes both grants and incentives.

• Grants: You can receive up to 75% of the costs for conducting energy studies.
• Incentives: Additional funding is available for implementing energy-efficient projects, with a maximum limit of $1.5 million per project.

Repayment Terms and Interest Rates

• Repayment Terms: There are typically no repayment terms for the grants received, meaning you won't have to pay that money back.
• Interest Rates: As there isn't a direct loan component tied to these grants, interest rates do not apply.

Eligible Expenses

Eligible expenses include:

• Costs for detailed energy studies.
• Implementation costs for energy conservation measures to improve energy efficiency.

Ineligible Expenses

Funds cannot be used for:

• General operational costs.
• Non-energy related expenses.

Fees Associated with the Program

There are generally no fees associated with the program. This means you will not incur additional costs for applying or receiving funds, making it easier for you to access financial support.

• Location: Business must be located in British Columbia.
• Sector: Open to commercial, industrial, and agricultural sectors.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee limit.
• Minimum Company Revenue: No minimum revenue requirement.
• Maximum Company Revenue: No maximum revenue limit.
• Legal Structure: All legal structures are accepted.
• Profit Structure: All profit structures are accepted.

Disqualifications:

• None specified.

Your business can unlock significant benefits through this program designed to boost energy efficiency. You could receive up to $1.5 million in funding to cover costs associated with energy studies and conservation measures. This means you can access financial support for implementing energy-saving projects that could lead to substantial reductions in your energy consumption.

To qualify for this funding, your projects must show the potential for major energy savings, such as cutting down natural gas usage by at least 1,000 GJ a year or reducing electricity use by 50,000 kWh annually. The program covers up to 75% of the costs related to these energy studies. This is an excellent opportunity not just to save on energy bills but also to contribute to a more sustainable future.

The best part is, there are no strict conditions regarding minimum or maximum revenue. Whether your business is small or large, you have the chance to take advantage of this funding to enhance efficiency and save money over time. Investing in energy efficiency today can lead to lasting benefits for your bottom line.