Financing & Funding / Grants / Subsidies
FINANCIAL AID FOR YOUR LIGHTING PROJECT
If you are owner of a commercial, industrial or agricultural building, know that there are programs to help financially with the any project resulting in more energy efficiency. Installation of LED products is a large component of these subsidies. For example, in Quebec, Hydro Quebec will cover up to *60% of your LED conversion and funds are made available to you at project completion.
Visit: http://www.nrcan.gc.ca/energy/funding/efficiency/4947
The Hydro Quebec subsidy covers the following:
- Conversion of Incandescent bulbs and Halogen lights to LED
- Replacement of projectors
- Replacement of Fluorescent tubes
- Replacement of HPS (High Pressure Sodium) lights.
You need help with you project? Our team will help you evaluate your needs all the while guiding you from beginning to end during the subsidy application process. We will guide you step by step in your LED migration project while taking into account your opening hours, your current lighting solutions and infrastructures. We take the out the guessing work and help you make the most advantageous decisions for YOUR lighting situation.
FINANCING FOR ECO-FRIENDLY PRODUCTS
Check with your local financial establishment for available financing for eco-friendly projects, such as LED conversions. For example, in Quebec, the Desjardins group works with businesses that wish to modernize their buildings and equipment in order to reduce greenhouse gas emissions, electrical bills and promote overall “Green” practices.
Features
- Financing up to 100% of the total cost of modifications
- Possible repayment pause while modifications are made
- Compensation equivalent to 50 basis points on the December 31st loan balance each year[ 1 ]
- Fixed or variable interest rate
- Repayment amortization period, terms and conditions based on projected savings following energy-efficiency work
Avantages :
- Helps finance projects that improve your company's energy efficiency without affecting your working capital
- Increases your company's earning power and value, once the work is completed
- Contributes to the reduction of your company's greenhouse gas emissions
