Commercial Buildings Retrofit Program
Get up to $1.1 Million towards energy efficient upgrades!
SAVE ENERGY. SAVE MORE.
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- Save on energy costs.
- Save on maintenance.
- Increase comfort and safety.
- Decrease your carbon footprint.
The Commercial Buildings Retrofit Program has been designed to help owners and operators of commercial buildings reduce energy consumption, increase competitiveness, and create healthier, safer, and more comfortable workspaces for both their teams and customers.
We provide financial incentives of up to $3,300 towards an energy audit of your building, up to $100,000 towards electricity-saving projects. For a limited time, you can also get 25% back – up to a maximum of $1 Million per entity – on eligible costs that reduce greenhouse gas emissions, through the Government of Canada’s Low Carbon Economy Leadership Fund. Federal funding is available until December 2023 or until funds are depleted.
Learn more about what incentives you might qualify for below:
The Commercial Building Retrofit Program has funding available for both electric and non-electric saving opportunities. Non-electric funding will expire on December 31 2023 and is capped at $1 Million per entity.
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NB POWER IMPLEMENTATION INCENTIVES: |
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Projects Reducing Electricity |
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| Retrofit Incentive (based on estimated annual energy savings determined by energy audit) | $30/GJ saved (up to a maximum of $100,000) |
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Projects Reducing Non-Electric Fuels (propane, natural gas, oil, etc.) |
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Retrofit Incentive |
Incentives up to 25% of project costs. Please contact program staff to determine project eligibility. |
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NB POWER AUDIT INCENTIVE: |
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Class 1 (Small) |
Class II (Medium) |
Class III (Large) |
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50% of energy audit cost up to $1,100 |
50% of energy audit cost up to $2,200 |
50% of energy audit cost up to $3,300 |
A gigajoule (GJ) is a metric term used for measuring energy use. For example, 1 GJ is equivalent to the amount of energy available from 277.8 kWh of electricity.