Limited Time Bonus Incentives Available through BC Hydro's BESI Program
Great news for small & medium businesses looking to complete energy efficient upgrades in the New Year;
BC Hydro recently announced a 20% top-up bonus for Business Energy Saving Incentives (BESI) applications that are submitted between November 4, 2022 - January 16, 2023 for small and medium business customers.
The BESI program currently provides funding for energy efficient equipment upgrades for businesses, which include:
- Mechanical Technologies
Typical funding through this program covers up to 25% of the upfront costs (on average).
Now with the additional 20% top-up, you're looking at up to 45% funding for your energy efficient upgrade!
- You must not be associated with a Key Account Manager
- The 20% bonus will apply, and appear online, for eligible applications submitted to BC Hydro for pre-approval between November 4, 2022 and January 16, 2023
- A project completion date on or before March 31, 2023 must be selected
- Projects must be declared complete by March 31, 2023 to be eligible to receive the bonus incentive
Depending on the type of business you run, traditional lighting can make up a large portion of your operating costs. Switching to LED will provide long-term savings both in terms of annual costs and energy expenditure.