The Singapore Energy Efficiency Grant is a government initiative aimed at supporting companies in their efforts to improve energy efficiency and reduce operational costs. Administered by the National Environment Agency (NEA), the grant provides funding support for projects that implement energy-efficient technologies and solutions.
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Energy Efficiency Grant (EEG)
Up to 70% for SMEs
The Energy Efficiency Grant (EEG) aims to help businesses improve their energy efficiency by co-funding investment in energy-efficient (EE) equipment.
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About this programme
By tapping into the Singapore Energy Efficiency Grant, companies can not only lower their energy consumption and operating expenses but also contribute to Singapore’s sustainability goals by reducing their carbon footprint. This grant is part of Singapore’s commitment to promoting sustainable development and environmental conservation.
Tier |
Support Cap Per Company |
Qualifying Equipment |
Support Rate |
|---|---|---|---|
Base tier |
Up to S$30,000 | Pre-approved EE equipment | Government will support up to 70% and up to 30% for SMEs and non-SMEs respectively until 31 March 2026. |
Advanced tier (only available for selected sectors*) |
Up to S$350,000 across base and enhanced tiers | EE equipment need not be pre-approved, but must demonstrate energy savings above 350t lifetime carbon abatement | Lower of:
|
Source: https://www.gobusiness.gov.sg/energy-efficiency-grant/
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Eligible Equipment
Choose your business sector to view the equipment you qualify for. This selection should align with the SSIC code you’ve registered with ACRA.
Food Services
• Air-Conditioner
• Clothes Dryer
• Cooking Hob
• LED Lighting
• Refrigerator
• Water Heater
• Clothes Dryer
• Cooking Hob
• LED Lighting
• Refrigerator
• Water Heater
Manufacturing
• Air-Conditioner
• Boiler System
• Clothes Dryer
• Compressed Air system
• Cooking Hob
• LED Lighting
• Motors
• Refrigerator
• Water Heater
• Boiler System
• Clothes Dryer
• Compressed Air system
• Cooking Hob
• LED Lighting
• Motors
• Refrigerator
• Water Heater
Retail
• Air-Conditioner
• Clothes Dryer
• Cooking Hob
• LED Lighting
• Refrigerator
• Water Heater
• Clothes Dryer
• Cooking Hob
• LED Lighting
• Refrigerator
• Water Heater
Source: https://www.gobusiness.gov.sg/energy-efficiency-grant/all-eeg-equipment/
FAQ
What is the Energy Efficiency Grant?
The Energy Efficiency Grant helps businesses transition towards being more energy efficient by co-funding investments in energy-efficient equipment. As announced at Budget 2024, the EEG will be expanded to more sectors from 1 April 2024. With the expanded EEG, EEG applications will be streamlined under one shopfront on GoBusiness, so that it is easier for businesses to access support for energy efficiency.
Which sectors are covered by the EEG?
As announced at Budget 2024, the EEG will be expanded to more sectors. From 1 April 2024, companies in the Manufacturing, Food Services and Retail sectors1 can apply for the EEG. We will further expand EEG to cover maritime, construction, data centres and their users by end 2024. More information will be available in due course.
1 Based on company’s ACRA registered SSIC code.
What is the eligibility criteria for EEG (Base)?
A company that meets all the following criteria can apply for the EEG (Base):
- Business entity registered and operating in Singapore in the Manufacturing, Food Services or Retail sector as defined below;
- Manufacturing companies that are classified under SSIC 10 to 32 (including Food Manufacturing)
- Food Services companies with valid Singapore Food Agency (SFA) licences and classified under SSICs 56 or 68104
- Retail companies that are classified under SSIC 47
- Has a minimum of 30% local shareholding,
- Employ at least one local employee at the firm-level
- Has a Group Annual Sales Turnover no more than S$500 million3
2 Companies may be requested to furnish supporting documents as part of the grant application process.
3 SME is defined as having:
- Group Annual Sales Turnover of no more than S$100 million; or
- Group Employment Size of not more than 200 workers
What is the duration of the EEG (Base)?
The grant application window for the EEG (Base) is from 1 April 2024 to 31 March 2026.
Companies will have up to 1 year from the time an application is approved to purchase and install4 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.
4 Only the actual purchase of the equipment is supportable. This excludes other related administrative fees/charges, e.g. delivery fees, installation.
What is the grant cap for EEG (Base)?
Each company is subjected to a grant cap of S$30,000 for EEG equipment supported under EEG (Base), starting on 1 April 2024 and ending on 31 March 2026.
How many EEG (Base) grants can a company apply for?
Companies can put in more than one EEG (Base) application depending on business needs. Concurrent EEG (Base) applications are also possible.
What is the Energy Efficiency Grant (Advanced)?
The Energy Efficiency Grant (EEG) (Advanced) assists businesses in transitioning to greater energy efficiency by providing co-funding support for companies interested in making substantial investments to enhance their energy efficiency efforts.
What sectors does the EEG (Advanced) cover?
From 1 April 2024, companies in the Manufacturing sector3 can apply for the EEG (Advanced). We will further expand EEG (Advanced) to cover the maritime, construction and data centres sectors. More information will be available in due course.
3 Based on company’s ACRA registered SSIC code.
What is the eligibility criteria for EEG (Advanced)?
From 1 April 2024, A company that meets all the following criteria can apply for the EEG (Advanced):
- Business entity registered and operating in Singapore in the Manufacturing sector as defined below
- Manufacturing companies that are classified under SSIC 10 to 32 (including Food Manufacturing)
- Has a minimum of 30% local shareholding;
- Employ at least one local employee at the firm-level;
- Has a Group Annual Sales Turnover no more than S$500 million.
Note that SME is defined as having:
- Group Annual Sales Turnover of no more than S$100 million; or
- Group Employment Size of not more than 200 workers
What is the difference between the EEG (Base) and the EEG (Advanced)?
The EEG (Advanced) differs from the EEG (Base) in that it allows for the use of non-pre-approved equipment, provided the equipment can demonstrate energy savings exceeding 350 tonnes of lifetime carbon abatement. Support under the EEG (Advanced) is determined based on the lower of two factors:
(i) support levels under the EEG (Base) based on the size of the company, or (ii) the equipment’s anticipated lifetime carbon abatement. However, support is capped at $350,000 across all EEG (Base) and EEG (Advanced) applications submitted by a company.
Additionally, companies applying for the EEG (Advanced) must include a third-party assessment report from a whitelisted, qualified assessor on the projected energy savings of the energy-efficient equipment. This requirement does not apply to EEG (Base) applications.
Note: SMEs and non-SMEs can receive support equal to 70% and 30%, respectively, of the costs of energy-efficient equipment.
What is the difference between the EEG (Base) and the EEG (Advanced)?
Yes. Nevertheless, any grant support received from the company’s prior EEG (Base) and EEG (Advanced) applications will be deducted from the total grant cap of $350,000 allocated for each company.
Source: https://www.gobusiness.gov.sg/business-grants-portal-faq/eeg/