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.
Offered by Newfoundland and Labrador Hydro and Newfoundland Power
Amount
The lesser of an incentive based on first-year energy savings, at a rate of $0.4/kWh, or 80% of eligible project costs
Quick eligibility check
Who can apply
Applicants must be Newfoundland and Labrador Hydro’s (Hydro) commercial customers in isolated systems.
About the funding
Incentives paid to the customer will typically be up to 80% of eligible project costs.
The Project Development Agreement (PDA) would stipulate the terms and conditions of the incentive payments and define the payment schedule. This schedule will typically be based on specific project milestones, with many projects having incentives paid in full immediately following the installation and commissioning of the energy saving equipment.
The incentive offered by Hydro will typically be the lesser of:
- an incentive based on first-year energy savings, at a rate of $0.4/kWh
Show all funding details
- 80% of eligible project costs
If savings are less than 85% of the estimate listed in the PDA, there may be reductions to the incentive. Once savings are measured and verified, final incentives would be paid out and the project considered complete.
- 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
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Green Transition Fund Program | Grant | Non-repayable funding of $75,000 minimum to $3 million maximum (Indigenous/Rural projects: no minimum project size) | Open |
| Greenhouse Gas Reduction Fund Program | Grant | No fixed amount | Open |
| NL Hydro Commercial EV Charger Rebate Program | Rebate | Up to $5,000 per EV charger | Open |
| Rooftop Air Source Heat Pump | Rebate | $300 per ton (for a five ton system, $1,500 back), applied as a credit on your electricity bill | Open |
