FAQ: Energy Efficiency Grant

As announced at Budget 2024, the EEG will be expanded to more sectors. From 1 April 2024, companies in the Manufacturing, Food Services and Retail sectors can apply for the EEG. We will further expand EEG to cover maritime, construction, data centres and their users by end 2024. More information will be available in due course.

A company that meets all the following criteria can apply for the EEG (Base):

• Business entity registered and operating in Singapore in the Manufacturing, Food Services or Retail sector as defined below;
  • Manufacturing companies that are classified under SSIC 10 to 32 (including Food Manufacturing)
  • Food Services companies with valid Singapore Food Agency (SFA) licences and classified under SSICs 56 or 68104
  • Retail companies that are classified under SSIC 47
• Has a minimum of 30% local shareholding,
• Employ at least one local employee at the firm-level
• Has a Group Annual Sales Turnover no more than S$500 million³

• Group Annual Sales Turnover of not more than S$100 million; or
• Group Employment Size of not more than 200 workers

The list of supported equipment can be found on GoBusiness.

Companies can submit equipment models under selected categories via this link to be considered for support. Please note that all equipment submissions must meet the respective technical requirements to be eligible for support.

The grant application window for the EEG (Base) is from 1 April 2024 to 31 March 2026.

Companies will have up to 1 year from the time an application is approved to purchase and install² the equipment and submit claims for reimbursement. Once an application has been submitted, companies may choose to proceed to purchase the equipment before the application outcome. However, companies will not be able to claim subsequently if the application is unsuccessful.

Applications will be submitted through NEA_EEG@nea.gov.sg.

1. Email NEA_EEG@nea.gov.sg to verify company’s eligibility and request for application documents
2. Obtain quotations from the vendor
3. Obtain Tenancy Agreement/Utility Bills as proof of Deployment Location
4. Submit application via NEA_EEG@nea.gov.sg

Applications will be submitted through the Business Grants Portal (BGP) which is a one-stop portal for business to apply for government grants.

1. Visit GoBusiness to access the list of supported equipment brands and models.
2. Obtain quotations from the vendor.
3. Submit an application on the BGP. Companies will need to have a CorpPass account to transact on the BGP.

Grant applicant must not have made payment, and/or have any form of deposits prior to application.

Companies should refer to their primary SSIC code to determine the appropriate sector and agency to apply to.

An email will be sent to the company’s contact person with the status of the submitted grant application.

Alternatively, applicants may log in to the BGP. Under the “My Applications” section, they can view the status of their grant application by toggling between the tabs (Drafts/Processing/Actions Required/ Completed).

Reminder emails will also be sent when the application is returned for further clarifications. Applicants may make the necessary clarifications via BGP. Inactive applications may be withdrawn by EnterpriseSG.

Claims will be submitted through NEA_EEG@nea.gov.sg

• Claimant has purchased the equipment as approved in the application; and
• Claimant has deployed and installed the equipment; and
• Claimant has paid for the equipment in full; and
• Claimant has submitted all claim documentation including:
  • Invoice
  • Payment supporting documents. The documents should indicate important information required such as grant applicant name, payee name, payment date, payment amount and approval status of transaction. Acceptable documents are bank statement, cheque and bank transfer image.
  • Delivery order
  • Pictures
    • Equipment being installed and used on site. Pictures should be clear to show the equipment and location where it is being used.
    • Serial number of equipment (if applicable).

Disbursements will only be made after claims approval.

Approved claims will be credited directly through GIRO bank account provided by the business entity.

Claims will be submitted through the Business Grants Portal (BGP).

• Claimant has purchased the equipment as approved in the application; and
• Claimant has deployed and installed the equipment; and
• Claimant has paid for the equipment in full; and
• Claimant has submitted all claim documentation including:
  • Invoice
  • Payment supporting documents. The documents should indicate important information required such as grant applicant name, payee name, payment date, payment amount and approval status of transaction. Acceptable documents are bank statement, cheque and bank transfer image.
  • Delivery order
  • Pictures
    • Equipment being installed and used on site. Pictures should be clear to show the equipment and location where it is being used (e.g. restaurant, supermarket).
    • Serial number of equipment (if applicable).

• Disbursements will only be made after claims approval.
• You are encouraged to register for PayNow Corporate with your UEN +3 alphanumeric suffix (if applicable) through your respective banks in three simple steps:
  1. Contact your bank or log in to your bank’s internet banking or mobile banking app.
  2. Link your UEN to the bank account. You can add a 3-digit alpha-numeric suffix to your UEN to create multiple PayNow proxies.
  3. Enter your name to complete the setup.
• Once your PayNow Corporate account is set up, submit your details via Business Grant Portal (BGP) claim form.
• With PayNow Corporate, grant applicants can receive their grants quicker, within 14 working days after approval of claims.
• Alternatively, you can also receive disbursements via GIRO. For payments via GIRO, kindly submit your bank account details via FormSG here. Do note that disbursement via GIRO may take up to eight weeks after approval of claims.
• In the event that no PayNow Corporate or GIRO has been set up, we are unable to disburse the claim.

Businesses operating from residential addresses or Home-based Businesses (HBBs) are not eligible for EEG equipment.

For EEG (Base) equipment supported, the holding period is minimally one year from the date of approval of the final claim.

No changes to vendor/solution package are allowed after application is approved. Please terminate the application and resubmit a new one before proceeding with the project and making payment to the new vendor. Otherwise, your claims may be rejected subsequently.

Companies are required to submit their application together a valid tenancy agreement that is current, indicating that they have started operations at the mentioned location. This is to ensure that they are deploying the solution to a location that they are operating from.

Each company is subjected to a grant cap of S$30,000 for EEG equipment supported under EEG (Base), starting on 1 April 2024 and ending on 31 March 2026.

Companies that have fully utilised their grant caps will not be eligible for further support within the validity period of the grant cap. Companies are encouraged to plan the use of the EEG for their purchases.

Companies can put in more than one EEG (Base) application depending on business needs. Concurrent EEG (Base) applications are also possible.

For Food Services and Retail companies, you may wish to visit Enterprise Singapore’s webpage or contact Enterprise Singapore for more information.

For Manufacturing companies, you may wish to visit NEA’s webpage or contact NEA_EEG@nea.gov.sg for more information.

The operating hours are from 8:00 am to 8:00 pm (Mondays to Fridays) and from 8:00 am to 2:00 pm (Saturdays).

The operating hours are from 8:30 am to 5:30 pm (Mondays to Fridays).