Financial Assistance

The Commission is offering financial assistance to businesses to accelerate the uptake of energy efficient technology in the commercial sector. Businesses are likely to benefit from reduced electricity consumption, improved reliability, reduced downtime and a reduced carbon footprint when they improve their electricity efficiency.

The programmes allow businesses to apply for part funding of electricity efficiency projects, which the Commission will assess on a case-by-case basis. The assessment includes calculating the level of guaranteed electricity savings, and identifying current investment barriers – such as a defined payback period or return on investment – preventing the uptake of electricity efficiency projects. 

Projects that the Commission has so far approved funding for under the commercial sector programmes include electricity efficiency enhancements in several hospitals, office buildings, a tertiary educational institute, and retail outlets.  These projects target efficiency measures such as upgrades of building management systems, lighting replacements, replacement of inefficient chiller systems, and installation of monitoring and targeting systems.

• More information on programmes available and who to contact