Energy Efficiency Grant

What is Energy Efficiency Grant (EEG)?

The Energy Efficiency Grant (EEG) is yet another initiative by the government to help businesses improve energy efficiency through co-funding. The Base Tier is now available across all sectors. The grant is aimed to encourage SMEs to adopt energy efficient equipment so as to remain sustainable in their energy consumption.

What is covered?

The EEG offers two tiers of funding:

1. Base Tier

Businesses can receive funding for pre-approved energy-efficient equipment, subject to the following limits:

Funding cap: Up to S$30,000 per company.
SMEs: Up to 70% support.
Non-SMEs: Up to 30% support.
Support rates apply until 31 March 2028.

2. Advanced Tier

Eligible companies can receive support for larger investments in energy-efficient equipment.

Funding cap: Up to S$350,000 across the Base and Enhanced Tiers.
Equipment does not need to be pre-approved but must demonstrate at least 350 tonnes of lifetime carbon abatement.
The grant amount is the lower of the applicable Base Tier support level or the amount calculated based on the equipment’s expected lifetime energy savings.
The stated support levels apply until 31 March 2027.

What types of equipment are supported?

The Base Tier supports pre-approved energy-efficient equipment. The Advanced Tier supports qualifying equipment that meets the required energy-saving criteria.

The list of supported equipment is available on the GoBusiness Energy Efficiency Grant webpage.

Who can apply?

Base Tier – Generic

Businesses from all sectors can apply if they meet the applicable eligibility criteria.

Applicants must meet the following conditions:

Be registered or incorporated in Singapore.
Have at least 30% local shareholding, except for maritime companies and data centre users.
Have group annual sales turnover of no more than S$500 million.
Use the equipment for eligible business purposes.

Certain entities are not eligible, including charities, religious entities, Institutions of a Public Character (IPCs), Voluntary Welfare Organisations (VWOs), government agencies and subsidiaries, co-operative societies and societies.

Businesses operating from residential addresses or home-based businesses are not eligible for EEG equipment.

Base Tier – Sector-specific

Sector-specific support is available to eligible businesses in the following sectors:

Construction: SSIC 41 to 43.
Food Services: SSIC 56 or 68104, with valid Singapore Food Agency (SFA) licences.
Manufacturing, including Food Manufacturing: SSIC 10 to 32.
Maritime: Eligible port companies under the specified SSIC codes.
Retail: SSIC 47.

Eligible businesses using commercial data centres in Singapore may also qualify for pre-approved energy-efficient data centre equipment, subject to the relevant data centre eligibility requirements.

Advanced Tier

The Advanced Tier is available to eligible businesses in the following sectors:

Construction: SSIC 41 to 43.
Manufacturing, including Food Manufacturing: SSIC 10 to 32.

Applicants must be registered and operating in Singapore, have at least 30% local shareholding and have group annual sales turnover of no more than S$500 million. The equipment purchased must be used in Singapore.

Important: Applicants must meet all eligibility criteria at the point of application. The project must not have commenced when the application is submitted. All applications are subject to assessment of business use and reasonableness.

When to apply?

Base Tier support rates are stated to apply until 31 March 2028. Advanced Tier support levels are stated until 31 March 2027.

Project commencement: Applicants must apply before the project commences.
Business exclusions: Charities, religious entities, VWOs, government agencies and subsidiaries, co-operative societies and societies are among the entities that do not qualify. Businesses operating from residential addresses or as home-based businesses are also ineligible for EEG equipment.
Advanced Tier conditions: This tier is available only to eligible construction and manufacturing companies, including food manufacturers, and requires equipment to demonstrate at least 350 tonnes of lifetime carbon abatement.
Application documents: Include vendor quotations, product brochures, relevant tenancy or contractual agreements, utility or telco bills, financial statements and corporate structure information where required.

Contact Us

If you wish to find out which grant(s) that your company is entitled to, simply contact us at 6515 7906 or email us at enquiry@361dc.com for more information.