Get up to 100% back on the cost of  a study that resulted in one completed upgrade.

Get the benefits of energy efficiency:

  • Save on energy costs & improve your business’ bottom line
  • Improve the payback on energy projects
  • Demonstrate your commitment to sustainability

 

The Industrial Energy Efficiency Program helps industrial facility managers in New Brunswick with advice and incentives for studies, projects, and energy management information systems.

What types of incentives are available?

The Industrial Energy Efficiency Program has funding available for both electric and non-electric saving opportunities. 

 

Small Industry 

Large Industry 

Study Incentives (All Fuel Sources) 

Energy Audit, Feasibility Study, or Service Study 

Up to 100% of Eligible Costs

Max. $20,000 incentive

Up to 100% of Eligible Costs 

Max. $40,000 incentive 

Projects Reducing Electricity 

Lesser of $0.22/kWh or 50% of Eligible Costs 

Max. $250,000 incentive 

Lesser of $0.11/kWh or 50% of Eligible Costs 

Max. $500,000 incentive 

Projects Reducing Greenhouse Gas Emissions 

25% of Eligible Project Costs 

Max. $1,000,000 incentive 

 

Project Incentives

The project stream provides incentives on energy saving projects. Project types include, but not limited to

  • Process Improvements
  • HVAC Systems
  • Refrigeration
  • Building Envelope
  • Compressed Air
  • Energy Intensity Reduction
  • Fuel Switching

 

If you don’t know where to start, an energy audit will help identify areas for improvement and key opportunities in your operations.

If you have a project already in mind, start with a feasibility study to help ensure the retrofit is cost effective.

Energy Management Information Systems Small and Large Industry  

Audits 

Up to 100% of Eligible Costs

Max. $20,000 incentive

Design 

50% of Eligible Costs

Max. $35,000 incentive 

Implementation 

50% of Eligible Costs 

Max. $80,000 incentive 

Optimization 

50% of Eligible Costs 

Max. $30,000 incentive 

 

Energy management information systems provide you with the right information to help you optimize your energy use.

Electronic Technical Reference Manual for Upgrades

The Technical Reference Manual gives you insight into calculated energy savings for installation of eligible equipment. See how NB Power calculates energy savings and enables visibility to potential in-year and lifetime energy savings.

Access the Technical Reference Manual now.