Utility-run program
Business Efficiency Program: Custom Solutions
Newfoundland Power and Newfoundland and Labrador Hydro (takeCHARGE) · takeCHARGE
What it pays
$0.10 per kWh of first-year energy savings up to a maximum of $100,000, plus a bonus incentive of $500 per kW of peak demand reduced; studies funded at 50% of audit costs to a maximum $3,000 and 75% of feasibility study costs to a maximum $5,000
Deadline: 2026-12-31
Newfoundland and Labrador's custom retrofit incentive: a no-cost energy assessment, then a rebate on measured first-year savings, currently topped up by a time-limited peak-demand bonus. Projects close out with formal measurement and verification.
Who qualifies
Businesses with an active commercial electricity account in an existing building undertaking custom retrofit energy-saving projects; measures must stay in service and deliver savings for a minimum of five years.
The provider confirms eligibility.
Program status
The program page says "This limited-time opportunity is available until December 31, 2026" and, separately, "All measures must be in-service by December 31, 2027 to qualify for the bonus incentive". It is NOT clear from the page whether December 31, 2026 ends the whole Custom Solutions program or only the $500/kW peak-demand bonus. Confirm with takeCHARGE whether the base $0.10/kWh rebate continues after December 31, 2026. Reported average rebate is "over $7,000" against the $100,000 maximum. Four-step process: no-cost energy assessment, project proposal, project development agreement, close-out with measurement and verification; the five-year persistence rule implies ongoing M&V.
Confirm current terms with the provider before budgeting. Report a correction to info@quantifyenv.com.
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