NEA Grants
Singapore's National Environment Agency (NEA) administered the Energy Efficiency Fund (E2F), which was launched in April 2017. The E2F supports companies in the industrial sector, including small- and medium-sized enterprises (SMEs), to improve energy efficiency.
E2F - ENERGY ASSESSMENT
The Energy Assessment grant co-funds up to 50% of the qualifying costs capped at $200,000 over a 5-year period for any single facility. The purpose is to support companies to conduct detailed energy audit to identify potential areas for energy efficiency improvements.
QUALIFYING COSTS INCLUDES:
Consultancy fees
Instrument and evaluation tools
THE APPLICANT MUST:
- Be a Singapore-registered owner or operator of an industrial facility sited in Singapore with SSIC code 10XXX to 32XXX, or 35XXX to 38XXX
- Complete conducting a preliminary energy assessment at the time of application, but not commenced the detailed energy assessment
DISBURSEMENT OF GRANT
Companies can claim the disbursement requests as follows:
- Disbursement of the first 50% of the grant upon receipt of company’s contract with energy consultant
- Disbursement of the next 30% of the grant upon receipt of the Energy Appraisal Report
- Disbursement of the final 20% of the grant upon receipt of contract(s) to implement recommendations of the Energy Appraisal Report accounting for more than 50% of the predicted energy savings
Disbursement requests for grant amount exceeding $100,000 must be audited by an external Certified Public Accountant (CPA) appointed by the company. All costs incurred for engaging the CPA shall be borne by the company.
E2F - ENERGY EFFICIENT TECHNOLOGIES
With effect 1 April 2022, the support cap for the Energy Efficient Technologies grant was raised from 50% to 70%
The Energy Efficient Technologies grant quantum is calculated based on total amount of carbon abatement achieved by the project, subject to a cap of 70% of the qualifying costs.
The purpose is to encourage adoption of energy efficient technologies or equipment.
QUALIFYING COSTS INCLUDES:
External manpower
Equipment or technology
Professional services
THE APPLICANT MUST:
- Be a Singapore registered owner or operator of manufacturing facilities that are sited in Singapore with SSIC code 10XXX to 32XXX
- Have a group annual sales turnover not exceeding $5500 million
If annual group sales turnover exceeds $500 million, we may apply for Resource Efficiency Grant for Emissions under the Economic Development Board (EDB).
PROJECT ELIGIBILITY
The following conditions will need to be met:
- The project must not have commenced at the time of application
- The project shall be completed within 36 months from the approval of grant
- The project must result in measurable and verifiable energy savings
- The project must involve installation and use of energy efficient equipment or technologies with proven track record of energy savings in an industrial facility
ENERGY EFFICIENT TECHNOLOGIES SUPPORTED
Pre-approved energy efficient technologies will be eligible for a fixed 70% support of qualifying costs.
For other energy efficient technologies, the grant support will be calculated based on the total amount of carbon abatement achieved by the project, subject to a cap of 70% of qualifying costs.
Pre-approved Energy Efficient Tech
As per NEA, the following technologies will be provided with 70% support of the qualifying costs, subject to a corresponding grant cap per facility.
Please refer to the interactive images for the qualifying criteria and corresponding grant cap per facility.
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