Over the coming two years NB Power, in collaboration with Efficiency NB, plans to introduce two new programs aimed at providing financial support to industrial facilities in implementing energy efficiency measures.
The Prescriptive Energy Efficiency Program will help small and medium industries purchase high-efficiency equipment, such as efficient motors. The program will have a pre-defined list of standardized products that are eligible for financial support, and prescribed incentive levels, that are available to customers.
In 2016, NB Power plans to launch its Large Industries Custom Program. This program will work with eligible customers to identify and implement cost effective electrical energy saving measures on a case-by-case basis, such as Energy Management and Information Systems and efficient pumps and motors.