Rising energy costs can have a major impact on the bottom line for owners and operators of commercial buildings, especially in energy‑intensive properties. For businesses in New Brunswick looking to reduce electricity use while improving building performance, the Commercial Buildings Retrofit Program offers a meaningful opportunity to invest in long‑term efficiency. Delivered by NB Power, the program supports a wide range of energy‑saving upgrades that can make workplaces more comfortable, healthier, and more competitive.
The program is designed to guide businesses through the full retrofit process, starting with understanding where the biggest efficiency gains can be made. Participants can receive funding support for a professional energy audit or feasibility study, helping identify upgrades that deliver the strongest return. From there, non‑repayable incentives can cover a significant portion of the cost of implementing approved improvements, with total project support reaching up to around one million dollars for larger retrofit initiatives. Many businesses use this support to phase in upgrades over time while already seeing meaningful reductions in energy consumption.
This program is particularly relevant for commercial property owners, developers, and operators in the construction and real estate space, as well as other established organizations managing large facilities. For businesses considering energy retrofits but unsure where to start, exploring the full program details through GrantHub can help clarify whether this funding aligns with your building plans and investment goals.
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