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NB Power
Commercial Buildings Retrofit Program
Amount
Varies
Deadline
Rolling
Odds
First-come, first-served
Effort
1-2 weeks to schedul
Can you get this?
✓Must own or operate a commercial building
✓Building must be in New Brunswick
✓Incentives capped at $1M per entity
✓Funds available first-come, first-served until depleted
Your real odds
Funds run on a first-come, first-served basis and reset each fiscal year, with a $250,000 annual cap on electricity-saving incentives per applicant.
The non-electric upgrade pool carries a separate $1 million lifetime cap per entity, so applying early in the fiscal year gives you the best shot at accessing your full available incentive before the pool depletes.
What it takes
Book a free energy walk-through or hire an approved Energy Management Service Provider (EMSP) for a formal audit or feasibility study1-2 weeks to schedule
EMSP submits application to NB Power; sign and return Program Agreement from the welcome kit1-3 weeks
Submit Statement of Work and receive NB Power approval before starting upgradesVaries by NB Power review
Complete upgrades, submit Request for Payment with invoices, and receive payment within 60 days of approval60 days post-approval
Worth knowing
NB Power must approve your Statement of Work before construction begins, so submitting early locks in your queue position and keeps you from losing funding when a fiscal year turns over mid-project.
What else do you qualify for?
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Select all three to see your result.
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