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Incentive Programs
| PROGRAM | SUITABLE FOR | OFFERS |
|---|---|---|
| Product Incentive Program (PIP) | Smaller BC Hydro commercial customers who want to replace inefficient technologies in existing buildings with new energy-efficient products |
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| Power Smart Partner Program (PSP) | Large commercial customers who spend more than $50,000 per year on electricity and who want to reduce costs and save electricity through a continuous energy management improvement approach |
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| New Construction Program | Commercial, institutional and multi unit residential new developments or major building retrofits, to help reduce the costs of building energy efficient buildings |
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| PROGRAM | SUITABLE FOR | OFFERS |
|---|---|---|
| EcoENERGY Retrofit Incentive for Buildings |
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Could receive up to $10 per gigajoule of estimated energy savings, 25% of eligible project costs, or $50,000 per project. IMPORTANT: retrofit projects cannot commence before applicant receives written approval from NRCan |
| EcoENERGY for Renewable Heat | Commercial, industrial and institutional purchasers of solar heating systems. | Anticipated incentive amount is calculated as follows: Incentive = performance factor * incentive rate * area of collector Solar systems must be on Accepted Solar Collector list and collectors must be on List of Accepted Solar Collectors IMPORTANT: construction on solar project may not begin until a Contribution Agreement is signed by NRCan and the applicant |
| NOTE: Both these programs will finish March 31, 2011. These programs however still accepts applications, projects continue to be approved, and no existing agreements will be affected. | ||
| PROGRAM | SUITABLE FOR | OFFERS |
|---|---|---|
| Terasen Gas Efficient Boiler Program | Program accessible to commercial building owners, developers, consulting engineers or contractors for installing or upgrading to condensing or near-condensing boilers. | Offers cash rebates of up to 75% of the purchase price premium. Purchase price incentives are based on space heating and ventilation load. They will be calculated as follows:
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| Terasen Gas Energy Assessment Program | Businesses located in the Lower Mainland, Squamish or the Interior that spend more than $20,000 | Process
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