Energy Efficiency Fund

Energy Efficient Technologies

Energy Efficient Technologies grant support companies to adopt energy efficient equipment or technologies.

Grant Support

Grant quantum will be calculated based on total amount of carbon abatement achieved by the project, subject to a cap of 70% of the qualifying costs.

Qualifying costs includes:

  • External manpower
  • Equipment or technology
  • Professional services

Singapore GST is excluded

Grant Eligibility Criteria

Companies applying for the Energy Efficient Technologies grant scheme are eligible if they meet these conditions:

  • Applicant is a Singapore-registered owner or operator of a manufacturing facility sited in Singapore with SSIC code 10XXX to 32XXX
  • Applicant has an annual group sales turnover of less than $500 million. Applicant with annual group sales turnover of more than $500 million can apply for Resource Efficient Grant for Energy under EDB in the link provided here.

Project Eligibility Criteria

Company’s project is eligible for the Energy Efficient Technologies grant scheme if they meet these conditions:

  • Project must involve installation and use of energy efficient equipment or technologies with proven track record of energy savings in an industrial facility
  • The project must result in measurable and verifiable energy savings
  • The project must not have commenced at the time of application
  • The project shall be completed within 36 months from the approval of grant

Examples of eligible projects

Standard project (Measurement and Verification not required)

E2F2

Non-standard project (Measurement and Verification required)
E2F3

e2f4

Other energy efficient equipment or technologies (Measurement and Verification required)

Projects must fulfill the project eligibility criteria. Projects that reduce cost but do not demonstrate measurable and verifiable energy savings are not eligible. The following projects are not eligible for the Energy Efficient Technologies grant scheme:

  • Solar PV
  • Power Conditioning Project (e.g. power factor correction, lighting voltage regulation, harmonic current reduction, transient voltage protection and installation of voltage – and power – reducing equipment)
  • Black box solutions (i.e. software or hardware devices whose functioning cannot be explained by applying mainstream engineering knowledge and theories)
  • Load-shifting/load management measures
  • Measures that are not permanently installed (plug-in equipment)
  • Projects to repair or maintain existing equipment
  • Metering not directly associated with an eligible project
  • Projects that result in negative environmental or health effects
  • All other similar projects

Measurement and Verification

Companies implementing a non-standard project must conduct a measurement and verification to measure, verify and compute the energy savings.

Guidelines on MV Plan and MV Report

Disbursement

Disbursement is on a reimbursement basis. Companies can claim the full grant amount after project completion and energy savings are measured and verified

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.