From Natural Resources Canada’s Heads Up CIPEC Newsletter
A new incentive, cost-shared by the Government of British Columbia and Natural Resources Canada, will offer up to $80,000 to B.C. industrial companies to help them implement energy management systems that will lead to compliance with ISO 50001 Energy Management Systems standard. The program, part of the B.C. Ministry of Energy and Mines’ Innovative Clean Energy (ICE) fund, supports the government’s mandate to reduce GHG emissions and promote the use of clean energy. “The intent of the financial incentive is to optimize fuel utilization,” says Nat Gosman, Director, Energy Efficiency Policy at the Ministry.
Gosman explains that the implementation of an energy management system (EnMS) enables companies to adopt a systematic approach to achieve continual improvement of energy performance. Companies that have implemented energy management system projects have reduced energy costs and increased business competitiveness while minimizing their environmental footprint.
The new incentive will cover expenses such as professional fees and internal employee salaries for energy management system pre-audits and business case development. Energy management system projects, including energy use assessments, energy baseline development, and energy performance monitoring and reporting, are also eligible for up to 75 percent of total costs to a maximum of $80,000. Funding for such projects is based on the implementation or enhancement of an energy management system. Funding for instrumentation, software and metering equipment is limited to 25 percent of total costs up to $40,000.
Gosman notes that incentives may be stacked with other funding, such as those available from BC Hydro, but “companies have to show that value has been added and that there is an incremental benefit.” The program is open to all sectors with projects to be completed by March 31, 2016.
Companies with an existing EnMS can use the incentive to move towards ISO 50001 implementation. “The program is very comprehensive,” notes Gosman, adding that several energy managers from different industrial companies in B.C. agree and are already engaged in the project submission process.