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Business Energy Savings Incentive Program

Program Category: Built Environment
Program Sub-Category: Energy Efficiency (Housing / Buildings), Asset Management
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Status: Open

Funder

BC Hydro

Funder Organization Type

  • Utility

Business Energy Saving Incentives is a self serve online program offering which calculates incentives based on actual hours of use, energy savings per project and payback time using a tiered incentive structure. Commercial, residential strata customers and small industrial customers can submit simple, one for one retrofit projects and receive up to a 75% incentive. BESI is an option for local governments and Indigenous communities in any commercial or small industrial buildings.
 
  • Get funding for energy-efficient equipment upgrades.
  • Upgrade eligible energy efficient products and BC Hydro provides funding to cover about 25% of the upfront costs (on average) through energy-saving incentives.
Not only do these incentives shorten the payback period of your upfront investment, they make the decision to upgrade easy – helping reduce consumption, save on energy costs, and increase bottom line. These incentives could help save over an average of $2,400 per year on your bill depending on your energy usage and efficiency upgrades.

Eligible Community

Commercial, residential strata & small industrial buildings.  

Required Community Contribution

No community contribution required

Funding Stacking Restrictions

No

Professional Input Required

No

Specific Eligibility Requirements

• Project site must be located in the BC Hydro service territory• Project implementation must be completed by BC Hydro Alliance member• Project must be approved by BC Hydro prior to ordering product or starting project implementation 

Other Eligible Applicants

Indigenous Economic Agencies
Indigenous-owned Businesses
Businesses / For-profit
Other
Indigenous Organizations
Non-governmental Organizations / Not-for-Profits
Economic Development Agencies
Academic Institutions

Type of Funding

  • Rebates

Range of Funding Available per Project

  • Under $100 000

Description of Funding

Up to 75% of project costs. 

Percentage of Project Funded

Up to 75% incentive funding. 

Eligible Costs

Capital Costs
Equipment/Material Purchase

Eligible energy efficient products, labour 

Ineligible Costs

Any costs incurred prior to signing a funding agreement
Building Purchase Costs
Administration Fees
Project Management
Staff Costs
Land Acquisition

Any products or services purchased before BC Hydro approval 

Reporting Requirements

No reporting requirements

Expected Timeframe for Funding Decision

Immediate to 48 hours approval. Some applications may be subject to internal review prior to approval.