Energy Efficiency Grant – FAQ

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 EEG 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.

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 Green Mark Incentive Scheme for Existing Buildings 2.0.

There are currently no plans to expand the EEG to more sectors.

The grant is intended 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 EEG is therefore meant to cover sectors that have been significantly affected by the hiking electricity prices, in terms of the impact on their overall business costs.

Support will be provided for following energy-efficient equipment with the following technical requirements:

The grant support provided is up to 70% of qualifying costs, capped at S$30,000 per company per year¹.

The list of supported equipment can be found here.

Companies who wish to propose new equipment brands and models can submit here. Please note that all submissions must meet EEG’s technical requirements to be eligible for support.

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 other technologies within the supportable categories that are of similar or higher levels of energy efficiency compared to those that the Government had identified under the EEG, for consideration.

The applicant should apply for review here.

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.

The grant application window for the EEG is from 1 Sep 2022 to 31 Mar 2024.

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 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.

Currently, the EEG is open to all local SMEs from the eligible sectors including building owners. Building owners may also consider the 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.

Applications and claims will be submitted through the Business Grants Portal (BGP).

To apply for the EEG, companies will have to:

1. Visit GoBusiness to access the list of supported equipment brands and models
2. Obtain quotations from the vendor.
3. 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.

Claims must be submitted through the Business Grants Portal (BGP).

To claim for the EEG, companies will have to ensure that:

• Claimant has purchased the equipment as approved in the application;
• Claimant has deployed and installed the equipment;
• Claimant has paid for the equipment in full; and
• Claimant has submitted all claim documentation including:
  • Invoice
  • Payment supporting documents. The documents should indicate important required information such as the grant applicant's name, payee's name, payment date, payment amount and approval status of transaction. Acceptable documents are bank statements, cheques and bank transfer images.
  • Delivery order
  • Pictures
    • Equipment being installed and used on site. Pictures should be clear to show the equipment and the location where it is being used (e.g. restaurant, supermarket).
    • Serial number of equipment (if applicable).

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 the GIRO bank account provided by the business entity.

You may refer to the EEG Claims Checklist for how to prepare for your EEG claim process. Click here for a step-by-step guide.

Disbursement of the Grant will be credited directly to the registered PayNow Corporate account or through the GIRO bank account provided by the business entity.

1. 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 claims submission.
2. 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.