The $50 million incentive scheme encourages Small and Medium Enterprises (SMEs) to undertake energy improvement works for their buildings or tenanted spaces.
Co-funding amount
Building owners and tenants must achieve the required BCA Green Mark rating and other qualifying criteria as shown in the tables below.
Building owners
a. Buildings using water-cooled chilled water system
|
Co-funding rate
|
Minimum Green Mark rating
|
+
|
Aircon system efficiency (kW/RT)
|
+
|
Airside efficiency (kW/RT)*
|
|
35% (up to $1,500,000)
|
Gold
|
0.7
|
0.28
|
|
40% (up to $2,250,000)
|
GoldPLUS
|
0.65
|
0.25
|
|
50% (up to $3,000,000)
|
Platinum
|
0.6
|
0.22
|
*Requirement for airside efficiency is applicable only when EE works include replacement of AHU/FCU.
b. Buildings using variable refrigerant flow (VRF) system
|
Co-funding rate
|
Minimum Green Mark rating
|
+
|
Minimum aircon system efficiency for VRF (kW/RT)*
|
Additional eligibility criteria
|
|
35% (up to $500,000)
|
Gold
|
0.9
|
- Gross floor area must be less than 8,000m2
- Improvement works must achieve 10% energy savings for total building energy consumption
|
|
40% (up to $600,000)
|
GoldPLUS
|
0.85
|
|
50% (up to $700,000)
|
Platinum
|
0.75
|
*Requirement for airside efficiency is applicable only when EE works include replacement of AHU/FCU.
b. Other types of tenants (retail spaces, restaurants or supermarkets)
|
Co-funding rate
|
Minimum Green Mark rating
|
+
|
Lighting power budget (W/m2)
|
Additional requirement
|
|
Retail and supermarket
|
Restaurant
|
|
40% (up to $20,000)
|
Certified and Gold
|
25 or lower
|
15 or lower
|
Must install sub-metering for lightings and receptacle loads
|
|
50% (up to $30,000)
|
GoldPLUS
|
23 or lower
|
13 or lower
|
Disbursement
|
Applicant
|
1stdisbursement
|
2nddisbursement
|
3rddisbursement
|
|
Building owners
|
This is intended for reimbursement of professional services and will be given out when you accept the Letter of Offer and upon Green Mark certification.
|
50% of the remaining amount will be paid upon completion of energy improvement works and verification of air-con system efficiency.
|
The remaining amount will be paid one year after completion of energy improvement works and upon verification of air-con system efficiency.
|
|
Tenants
|
Cash incentive will be disbursed after completion of works and upon Green Mark certification and verification.
|
Eligibility for Green Mark Incentive Scheme for Existing Buildings and Premises (GMIS-EBP)
- Building owners that are SMEs*
- Building owners with at least 10% of tenants that are SMEs
- Tenants that are SMEs
*SMEs are defined by SPRING Singapore as companies with:
- Minimum 30% local shareholding
- Group annual sales turnover of not more than S$100 million or group employment size of not more than 200 workers