takeCHARGE Business Efficiency Program

Rising energy costs are pushing many Newfoundland and Labrador businesses to look for practical ways to improve efficiency without taking on major upfront expenses. The takeCHARGE Business Efficiency Program is designed for organizations that want to reduce energy use, lower operating costs, and invest in long-term sustainability. Delivered by Hydro and Newfoundland Power, the program provides non-repayable funding support to help cover a portion of energy-saving projects, with total support that can reach up to around $100,000 depending on the scope and impact of the improvements.

This program is well suited to small, medium, and larger organizations planning upgrades such as equipment replacements, system optimizations, or other efficiency-focused improvements. In some cases, businesses may first need a formal facility energy audit to identify the most effective opportunities. When required, takeCHARGE can contribute toward the cost of a professional audit, helping businesses receive a clear, data-backed roadmap of potential savings before committing to larger investments. Projects and audits generally require pre-approval, ensuring the proposed work aligns with expected energy and demand reductions.

With applications currently being accepted, the takeCHARGE Business Efficiency Program can be a strong option for Newfoundland and Labrador organizations looking to make smarter energy decisions. Reviewing the full program details can help determine how much support may be available and whether your planned upgrades are a good fit.