Alberta spending up to $55 million to boost energy efficiency in buildings
Program applicants will be eligible for up to $250,000 per project to a maximum of $500,000 per company.
November 10, 2020 By Energy Manager Canada
The Government of Alberta has announced that it will be funding its Emissions Reduction Alberta’s (ERA) Energy Savings for Business program targeting small- and medium-sized industrial and commercial facilities that require financial assistance to invest in energy savings and greenhouse gas (GHG) reduction projects.
The province will be investing $30 million which will be leveraged with up to $25 million in funding from the federal government.
Launching in January 2021, businesses will submit their eligible projects for pre-approval and program applicants will be eligible for up to $250,000 per project to a maximum of $500,000 per company. A high volume of projects (approximately 4,000) is expected.
Projects can include commercially available energy-efficient upgrades such as HVAC technologies, weatherization, hot water systems, indoor/outdoor commercial and industrial lighting and control systems, and alternate power sources.
Energy Savings for Business program details are available on the ERA website.
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