Energy Efficency Grant (EEG)
General
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As part of the Singapore Green Plan 2030, the Government is actively encouraging enterprises to adopt solutions that would enable them to be more sustainable and energy efficient. Rising energy costs in recent months have made the transition towards energy efficiency more urgent than before.
Therefore, the Government has developed the Energy Efficiency Grant for the Food Manufacturing, Food Services and Retail sectors as these sectors have been significantly affected by higher electricity prices, in terms of the impact on their overall business costs. These sectors are also recovering from the significant impact of COVID-19, as a result of the cutback in domestic consumption amidst the strict safe distancing measures.
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The EEG will provide local SMEs in the Food Services, Food Manufacturing and Retail sectors with up to 70% support to adopt energy-efficient equipment in pre-scoped categories.
This grant complements other energy efficiency initiatives such as NEA’s Energy Efficiency Fund, which currently provides grant support for businesses in the manufacturing sector, including SMEs, for adoption of energy-efficient equipment or technologies, as well as BCA’s upcoming Green Mark Incentive Scheme for Existing Buildings 2.0.
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There are currently no plans to expand the Energy Efficiency Grant to more sectors.
The grant is meant to complement other energy efficiency initiatives such as NEA’s E2F, which supports the manufacturing sector, and BCA’s GMIS-EB 2.0, which supports building owners. The Energy Efficiency Grant is therefore meant to cover sectors that have been significantly affected by higher electricity prices, in terms of the impact on their overall business costs.
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Support will be provided for following energy-efficient equipment with the following technical requirements:
LED lighting:
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LED self-ballasted lamps
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Direct LED replacements for compact fluorescent lamps (CFL) or linear fluorescent lamps (LFL)
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LED tube and strip lights
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LED circular tube
Air-conditioner:
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Minimum 5-ticks and using refrigerant with Global Warming Potential (GWP) ≤ 750 for split unit models (up to 10kW cooling capacity)
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Minimum 3-ticks and using refrigerant with GWP ≤ 750 (if available) for split unit models (above 10kW cooling capacity)
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Minimum 3-ticks and using refrigerant with GWP ≤ 750 (when available) for 3-phase variable refrigerant flow (VRF) models
Refrigerator:
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Household refrigerator: Minimum 3-ticks and using refrigerant with GWP ≤ 15
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Commercial refrigerator: Inverter technology
Cooking hob:
- Induction technology
Water heater:
- Heat pump technology
Clothes dryer:
- Heat pump technology
The grant support provided will be up to 70% of qualifying costs, capped at S$30,000 per company per year. Companies can only claim up to $5,000 under the LED lighting category.
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The list of supported equipment can be found on GoBusiness.
Companies who wish to submit new equipment brands and models can do so via this link. Please note that all submissions must meet EEG’s technical requirements in order to be eligible for support.
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There are no plans to expand the types of equipment categories supported currently, as the intent is to focus on equipment categories with clearly identified energy-efficient technologies.
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The supported equipment are identified based on the following considerations:
- involve technologies that have been identified as energy efficient (for example, induction cooking hobs are more energy-efficient than gas or ceramic cooking hobs); and/or
- high energy efficiency ratings under NEA’s Mandatory Energy Labelling Scheme (MELS)
However, applicants may submit for consideration other technologies within the supportable categories that are of similar or higher levels of energy efficiency compared to those that the Government has identified under the EEG.
The applicant should submit an application for review.
The application will be reviewed by the Government only if supplemented with reliable and clear technical information on the energy efficiency of the technology for review.
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The grant application window for the EEG is from 1 Sep 2022 (7:00AM) to 31 Mar 2023.
The Government will monitor the situation and consider the need for extension should it arise.
Companies will have up to 1 year from the time an application is approved to purchase and install1 the equipment, and submit claims for reimbursement. Once an application has been submitted, companies may choose to proceed to purchase the equipment before the application outcome. However, companies will not be able to claim subsequently if the application is unsuccessful. Following successful grant application(s), companies can begin to submit claims from 1 Nov 2022.
1 Only the actual purchase of the equipment is supportable. This excludes other related administrative fees/charges, e.g. delivery fees, installation.
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Currently, the EEG is open to all local SMEs from the eligible sectors including building owners. Building owners may also consider the upcoming BCA Green Mark Incentive Scheme for Existing Buildings 2.0 (GMIS-EB 2.0), which provides grants for building owners to retrofit and raise the energy performance of existing buildings with Gross Floor Area (GFA) of 5,000m2 or more.
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Applications and claims will be submitted through the Business Grants Portal (BGP).
i. Visit GoBusiness to access the list of supported equipment brands and models.
ii. Obtain quotations from the vendor.
iii. Submit an application on the BGP. Companies will need to have a CorpPass account to transact on the BGP.
You may refer to the EEG Application Checklist on how to prepare for your EEG application process. Click here for a step-by-step guide.
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Claims will be submitted through the Business Grants Portal (BGP). To claim for the EEG, companies will have to ensure:
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Claimant has purchased the equipment as approved in the application; and
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Claimant has deployed and installed the equipment; and
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Claimant has paid for the equipment in full; and
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Claimant has submitted all claim documentation including:
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Invoice
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Payment supporting documents. The documents should indicate important information required such as grant applicant name, payee name, payment date, payment amount and approval status of transaction. Acceptable documents are bank statement, cheque and bank transfer image.
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Delivery order
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Pictures
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Equipment being installed and used on site. Pictures should be clear to show the equipment and location where it is being used (e.g. restaurant, supermarket).
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Serial number of equipment (if applicable)
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Disbursements can only be made after the claims have been approved.
Approved claims will be credited directly to the registered PayNow Corporate account or through GIRO bank account provided by the business entity.
You may refer to the EEG Claim Checklist on how to prepare for your EEG claim process. Click here for a step-by-step guide.
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Disbursement of the Grant will be credited directly to the registered PayNow Corporate account or through GIRO bank account provided by the business entity.
a) For PayNow Corporate;
To receive funds via PayNow Corporate, please contact your bank to register and link your business entity’s UEN to the entity’s bank account. If you have multiple bank accounts linked to your entity’s UEN, kindly provide the 3-digit alpha-numeric suffix to your entity’s UEN in the Business Grant Portal during claim submission.
b) For GIRO;
The e-GIRO form must be submitted to the Agency before the Company’s first Grant claim. The Company will need to submit a new e-GIRO form if there are changes to the Company’s bank account details.
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For more information on the EEG, you may wish to visit the Enterprise Singapore’s webpage or contact Enterprise Singapore.
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Equipment support: The EEG supports local SMEs in the Food Services, Food Manufacturing and Retail sectors to adopt energy-efficient equipment in pre-approved categories, namely LED lighting, air-conditioners, cooking hobs, refrigerators, water heaters and dryers. On the other hand, the E2F supports manufacturing companies with an annual group sales turnover of less than S$500 million to adopt energy-efficient equipment or technologies, which includes but is not limited to LED, air-conditioners, motors, chilled water systems, refrigeration systems, compressed air systems, boiler systems, furnaces, ovens and heat recovery systems.
Funding support: The EEG provides support based on 70% of qualifying costs, capped at S$30,000 per company, for energy-efficient equipment in pre-approved categories. The E2F provides support up to 70% of qualifying costs per project. While the grant amount may go above S$30,000, the support is only for manufacturing companies and E2F grants awarded will vary, based on the carbon abatement achieved. E2F projects that achieve higher carbon abatement are eligible for higher grant support.
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Yes. Companies that meet the eligibility criteria of the EEG and E2F may apply for the grants suited to their needs. However, companies may not apply for both grants for the same project.