NRCan offering financial assistance for ISO energy management implementation
The funding is to help commercial and institutional building owners and operators implement the ISO 50001 energy management system standard.
August 27, 2020 By Energy Manager Canada
Natural Resources Canada’s ISO 50001 financial assistance program is now accepting project proposals for buildings looking to improve their energy efficiency. The deadline to apply is October 7 for projects to be completed by March 31, 2023.
Funding is available to help commercial and institutional building owners and operators implement the ISO 50001 energy management system standard.
The assistance is available to two types of eligible recipients:
- Direct recipients: Commercial and institutional buildings owners and operators, including Indigenous organizations, that want to implement ISO 50001 in their buildings.
- Initial recipients: Municipal/provincial/territorial governments and agencies, utilities, industry associations and registered non-profit organizations that implement programs that redistribute the funds to direct/ultimate recipients to undertake eligible project activities.
The funding will be used to reimburse eligible project costs as follows:
- Eligible for-profit organizations may receive up to 60% of eligible costs
- Eligible not-for-profit organizations may receive up to 75% of eligible costs
- Maximum of $40,000 per facility
- The maximum contribution to an organization or group of affiliates is $200,000 per fiscal year (April 1 to March 31).
Eligible project expenditures include salaries and benefits, professional, scientific and technical fees specific to the energy management system, fees for data collection, benchmarking and analysis services, metering equipment, as well as other expenditures directly related to the project.
For more information, visit Financial assistance for commercial and institutional buildings.
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