Energy Assessment grant support companies to conduct detailed energy audit to identify potential areas for energy efficiency improvements.
Energy Assessment grant co-funds up to 50% of the qualifying costs capped at $200,000 over a 5-year period for any single facility. Qualifying costs includes:
- Consultancy fees
- Instrument and evaluation tools
Singapore GST is excluded
Grant Eligibility Criteria
Companies applying for the Energy Assessment grant scheme are eligible if they meet these conditions:
- Applicant is a Singapore-registered owner or operator of an industrial facility sited in Singapore with SSIC code 10XXX to 32XXX or 35XXX to 38XXX
- Applicant must have conducted a preliminary energy assessment at the time of application, but not commenced the detailed energy assessment
- Applicant must engage an energy consultant who could be:
o Accredited under NEA’s ESCO Accreditation Scheme
o Experienced internal assessment teams with good track record in carrying projects of comparable scale/scope
Note: Energy Assessment of registered corporations under the Energy Conservation Act are not eligible for application from 1 Jan 2020
Click here for the Guidelines for the Energy Assessment Report
Click here for a list of accredited ESCO
Disbursement is on a reimbursement basis. Companies can claim the disbursement requests as follows:
- Disbursement of the first 50% of the grant upon receipt of company’s contract with energy consultant
- Disbursement of the next 30% of the grant upon receipt of the Energy Appraisal Report
- Disbursement of the final 20% of the grant upon receipt of contract(s) to implement recommendations of the Energy Appraisal Report accounting for more than 50% of the predicted energy savings
Disbursement requests for grant amount exceeding $100,000 must be audited by an external Certified Public Accountant (CPA) appointed by the company. All costs incurred for engaging the CPA shall be borne by the company.
Application and Enquiries
For application and enquiries, please email NEA_E2F@nea.gov.sg.
Participation is on a first-come, first-served basis and subject to the availability of funds.