Depending on the nature of the recommendations, a formal facility energy audit may be required. If so, it must be conducted by a professional energy auditor that is qualified to identify typical energy saving projects. At the end of the audit, the customer and takeCHARGE will be provided with a detailed list of projects with initial economic analysis that identify potential energy and demand savings for the customer. takeCHARGE may fund 50% of the cost of the audit, to a maximum of $3,000.* A funding application must be pre-approved by takeCHARGE to get funding support.

*These totals are subject to change based on size of customer and potential savings.

With complex or large scale projects, a feasibility study may be required. A funding application must be pre-approved by takeCHARGE to get funding support. The feasibility study application must include a general description of the project, including estimated implementation costs and potential energy and demand savings, an estimate of the feasibility study costs, the qualifications of the selected consultant and other information as requested by takeCHARGE to evaluate the application.

Approved applications may receive 75% of the eligible costs of the feasibility study up to a maximum of $5,000.* Customers are encouraged to seek other sources of funding.

However, they must maintain a minimum 25% stake in the study. When the feasibility study is complete, the final report would be issued to both the customer and takeCHARGE.

If a study has been completed prior to applying to the Business Efficiency Program, it will be at the discretion of takeCHARGE whether it is sufficient to enable the customer to avail of the custom program. While existing studies may be deemed acceptable, there will be no reimbursement to the customer for costs incurred for earlier work.

*These totals are subject to change based on size of customer and potential savings.