Worth itRebateOpen
TakeCharge Business Efficiency Program
Newfoundland Power / NL Hydro · Private
In plain language
Performance-based rebate: $0.10/kWh of first-year energy savings, capped at $100K. Includes funded energy assessments and optional 50% audit / 75% feasibility study support. Average rebate is $7K+; bigger wins for fish plants, manufacturers, cold storage. M&V required.
Realistic range
$1,000 – $100,000
Avg award
$7,000
Max advertised
$100,000
Cost share
100%
Accessibility
4 / 5
Effort
3 / 5
Deadline
Continuous intake
Repayable?
No
Who qualifies
Entity types
Incorporated, Sole Prop, Nonprofit, Coop
Sectors
Any sector
Regions
NL Wide
Demographics prioritized
None specifically
What you'll have to report
Energy assessment, measurement and verification, 5-year service commitment.
Stacks well with
Stacks with ACOA BDP and NL BIP on capital equipment; do not double-dip on same eligible cost.