What is Canada’s Climate Action Incentive Fund?
This limited time incentive program helps small and medium sized businesses save money on installing solar generation plants that can save you money for years to come. Now you can save up to 25% on the cost of installation giving you a 4 to 5 year payback. After the system is paid for, you get almost free electrical power. That’s money to the bottom-line.
Hurry, applications close October 15, 2019 or whenever the money in the fund has been awarded. Contact us now for more information.
PROGRAM DETAILS
The Climate Action Incentive Fund: Small and Medium-sized Enterprises Project stream provides funding to small and medium-sized enterprises in Saskatchewan, Manitoba, Ontario, and New Brunswick. The program supports retrofit projects including, but not limited to:
Changes to process to improve energy efficiency
Enhancements to building enveloped
Energy-efficient lighting systems
HVAC equipment/systems/controls
Water heating retrofits
Waste-heat recovery
High-efficiency motors and controls
Low-emission fuel production for own-use
Fuel switching to lower-emitting energy sources
District energy (heating/cooling)
Combined heat and power for own-use
Renewable energy systems on-site and for own use (including, solar PV, wind energy, micro-hydro, standalone storage systems
Energy management controls, including building automation systems
Retrofitting/upgrading existing equipment used for industrial processes
Eligible Recipients
Small-sized incorporated enterprise of 1-99 employees
Medium-sized incorporated enterprise of 100-499 employees
Potential Funding
Up to 25% of eligible project costs
No less than $20,000 CAD and no more than $250,000 CAD per project and per recipient
A $250,000 CAD funding cap also applies to a group of applicant franchisees wo operate under the same franchise trade name in each eligible province
Timeline
October 15, 2019 or when funding is exhausted
For more information, click this link: Canadian Government’s Climate Action Incentive Fund web page
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