Energy Efficiency Grant (EEG)
More sectors now qualify!
About EEG
The Energy Efficiency Grant supports businesses in adopting energy-efficient equipment through co-funding investments in energy-efficient equipment. As announced at Budget 2024, the EEG will be expanded to more sectors from 1 April 2024.
Sectors Eligible
As of 30 December 2024, eligible companies (based on company’s ACRA registered primary or secondary SSIC code) from these sectors will be able to tap on the EEG.
- Construction
- Food Services
- Manufacturing (including Food Manufacturing)
- Maritime
- Retail sectors
- Users of data centres
Grant Highlights
- Support Cap per Company: $30,000
- Support Rate until 31 March 2026:
- Small and Medium Enterprises (SMEs): Up to 70% of equipment costs
- Non-SMEs: Up to 30% of equipment costs
- Supported Equipment: Refer to GoBusiness for the list of pre-approved equipment for the DC sector. The equipment purchased must be used within a commercial DC in Singapore.
Criteria for Grant
Two Tiers of Support
Tier | Support Cap Per Company | Qualifying Equipment | Government Support Rate |
---|---|---|---|
Base Tier | Up to S$30,000 | Pre-approved EE equipment |
Until 31 March 2026 |
Advanced Tier | Up to S$350,000 across Base and Advanced Tiers | EE equipment need not be pre-approved, but must demonstrate energy savings above 350 tonnes lifetime carbon abatement |
Lower of:
|
Note:
Companies have up to 1 year from the grant’s approval to purchase, install the equipment, and submit reimbursement claims.
Companies have up to 1 year from the grant’s approval to purchase, install the equipment, and submit reimbursement claims.
After submitting an application, companies may proceed with the purchase before receiving a decision. However, if the application is unsuccessful, companies will not be eligible for reimbursement.
For more information on the EEG and qualifying criteria, please visit Energy Efficiency Grant on GoBusiness Singapore.
Who can apply
Businesses registered and operating in Singapore, with at least one local employee and a group annual sales turnover not exceeding $500 million, are eligible for the grant.
How to apply
Applications can be submitted through the Business Grants Portal (BGP).
Talk to Us
Contact us to find out more about government grants or to request for our Sales Quotation.