Last verified: June 2026
takeCHARGE, the joint conservation program of Newfoundland Power and Newfoundland and Labrador Hydro, gives commercial customers rebates of up to $50,000 for energy-saving upgrades to heating and cooling, refrigeration, lighting, and controls. It has prescriptive, custom energy, and custom demand components, and also funds half the cost of an energy audit or feasibility study up to $3,000. The program suits any business in the province cutting its energy use.
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Check my eligibilityRepayable term loans at Bank of Canada rate + 0.5%; equity available in some cases
INCENTIVECustomized loans and advances toward strategic investment costs (case by case)
INCENTIVELoans up to $750,000; non-repayable ABFP contributions up to 40% of expansion costs