BC Hydro is offering up to 100% funding for industrial and large commercial customers to carry out integrated Energy Audits and Feasibility Studies on your facilities.
In-depth analysis of options & costs to implement measures with a facility. Measures may include:
Energy Efficiency (EE) – Optimize energy use & reduce consumption
Low Carbon Electrification (LCE) – Switch from fossil fuels to electricity
Demand Response (DR) – Reduce or shift energy demand on customer side & manage demand costs
Program Eligibility
Must be a BC Hydro industrial or large commercial customer
Consultant must be a BC Hydro Alliance Member
Feasibility Studies: Must identify total energy opportunities of at least 50,000 kWh/yr
SPG is a BC Hydro Alliance Member.
Funding Availability
Energy Audit:
100% funding available
Feasibility Studies:
Identified energy opportunities of 50,000 kWh/year- 200,000 kWh/year, or 50-100 kW demand impact: 50% funding available
Identified energy opportunities of over 200,000 kWh/year, or over 100 kW demand impact: 100% funding available
What are energy opportunities?
Energy opportunities are energy savings and/or electrification measures from energy efficiency or low carbon electrification projects. BC Hydro will take the sum of these projects to determine energy opportunity. Demand impact is the impact from demand response projects.
Steps to Apply
Get in touch with SPG to discuss project and confirm eligibility
Arrange meeting with BC Hydro to review project and define scope
SPG to develop proposal based on review meeting
BC Hydro to review and approve proposal
Funding agreement signed between BC Hydro and Customer
SPG to carry out project within 6 months
Final report reviewed with BC Hydro for approval
Payment issued to customer
Want to go to the next stage?
Measures identified via the integrated feasibility study are eligible to move directly into the implementation phase. BC Hydro will use this study to identify available capital incentives to support project implementation.
Why SPG?
SPG is a leading design-build firm with experienced engineers and analysts dedicated to identifying energy and carbon reduction projects in the built environment. As BC Hydro Alliance members, we are qualified to support you in carrying out BC Hydro funded audits and feasibility studies. With 10 years of experience in the energy efficiency industry, and a dedicated team of engineers, analysts, project management professionals, and incentive support personnel, we are able to support you in fully leveraging available funding programs to develop actionable reports and strategies.
Learn more!
Contact SPG Today
Discover how SPG can help you unlock substantial savings for your energy efficiency projects.