Funding includes $180 million from the province of Albert's industry-funded Technology Innovation and Emissions Reduction (TIER) Fund and up to $100 million from the federal government's Low Carbon Economy Leadership Fund (LCELF).
The Government of Alberta will put up to $55 million towards Emission Reduction Alberta's (ERA) Energy Savings for Business program which targets small and medium-sized industrial and commercial facilities through the TIER fund. The TIER fund will leverage $30 million in funds with public and private investment including $25 million from the federal Low Carbon Economy Leadership Fund.
Alberta businesses will be eligible for funding to cover a portion of their costs for cost-saving and emission reduction projects once the program launches in January 2021.
Projects can include commercially available energy-efficient upgrades such as HVAC technologies, weatherization, hot water systems, indoor/outdoor commercial and industrial lighting and control systems, and alternate power source, the release stated.
(Source: Emission Reduction Alberta, DCN-JOC News, 5 Nov., 2020)
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