Frequently Asked Question

The Energy Efficiency Fund (E2F) aims to help manufacturing companies, including small and medium-size enterprises (SMEs), improve energy efficiency by adopting energy efficient equipment or technologies.

The E2F will provide companies with up to 70% support of the qualifying costs, which include external manpower, equipment or technology and professional services. Pre-approved energy efficient technologies will be eligible for a fixed 70 per cent support of qualifying costs, subject to a cap per facility based on the types of energy efficient technologies.

This grant complements other energy efficiency initiatives such as ESG’s Energy Efficiency Grant, which provides grant support for local SMEs in the Food Services, Food Manufacturing and Retail sectors for adoption of energy efficient equipment in pre-scope categories, as well as BCA’s Green Mark Incentive Scheme for Existing Buildings 2.0.

Companies can apply for the E2F if they meet the following criteria:

·    Applicant is a Singapore-registered owner or operator of a manufacturing facility sited in Singapore with SSIC code 10XXX to 32XXX.

·    Applicant has annual group sales turnover not exceeding S$500 million.

Please refer to Annex A in the Application Checklist on the guidelines to verify SSIC code and annual group sales turnover.

·       LED lightings with efficacy of 100 lumens/watt

·       Air-conditioners and Variable Refrigerant Flow (VRF) system rated under NEA’s Mandatory Energy Labelling Scheme (MELS)

·       Three phase induction motors with efficiency rating of IE4 and above

·       Compressed Air System and dryers

·       Boiler System

·       Furnaces

·       Ovens

·       Heat recovery system

·       Chilled water system

·       Air handling units

·       Refrigeration system

Other energy efficient technologies projects with proven track record of energy savings.

The list of pre-approved energy efficient technologies, as well as the corresponding qualifying criteria and grant cap can be found here.

Eligible E2F projects that do not fall under the pre-approved energy efficient technologies list will receive grant support based on the carbon abatement achieved, subject to a cap of 70% support of the qualifying costs, which include external manpower, equipment or technology and professional services.

The following technologies/projects are not supported under E2F:

·     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

·      Projects to repair or maintain existing equipment

·      Metering not directly associated with an eligible project

·      Projects that result in negative environmental or health effects

For application and enquiries, please email NEA_E2F@nea.gov.sg.

You may refer to the Application Checklist for tips on how to prepare for your E2F application

M&V is required for energy efficient technologies that do not fall under the following categories:

·     Pre-approved energy efficient technologies;

·      LED lightings with at least 100 lumens/watt efficacy and do not involve lighting controls;

·      Air-conditioners or variable refrigerant flow (listed under NEA’s Energy Labelling Scheme); and

·      Three phase induction motors (registered as IE4 and above under NEA’s Minimum Energy                         Performance Standard).

More details on M&V guidelines can be found in Annex C in the Application Checklist:

A third-party assessment report will be required for compressed air and boiler system project under pre-approved energy efficient technologies with grant amount exceeding $50,000.

More details on third-party assessment report can be found in Annex B in the Application Checklist:

Companies can tap on the low-cost energy assessment services offered by the Energy Efficiency Technology Centre (EETC), a collaboration between NEA and the Singapore Institute of Technology (SIT). 

More information on EETC can be found here.

Companies will submit the claims to NEA_E2F@nea.gov.sg. Grant disbursement is on a reimbursement basis. Companies can claim the full grant amount after project completion and energy efficiency are verified by NEA.

To claim for the E2F, companies will have to ensure:

·     All qualifying costs supported through the grant are commissioned or implemented; and

·     Payment has been made in full for qualifying costs; and

·      Achieve at least 90% of the total projected energy savings and submission of project summary report documenting the energy savings achieved, where applicable.

Disbursements can only be made after the claims have been approved.

Disbursement requests must be audited by an external Certified Public Accountant (CPA) appointed by the company if the grant amount is more than $100,000. All costs incurred for engaging the CPA shall be borne by the company. Audit by an external CPA will be waived for grant amount not exceeding $100,000.

For more information on E2F, please visit E2F webpage or contact NEA_E2F@nea.gov.sg

Yes. Companies that meet the eligibility criteria of the E2F and EEG may apply for the grants suited to their needs. However, companies may not apply for both grants for the same project.