# Energy Efficiency Fund (E2F) > Energy Efficiency Fund (E2F) offers up to 70% (enhanced from April 2023) for Singapore businesses. Check eligibility and how to apply. Max Support Up to 70% (enhanced from April 2023) Cap Technology-specific caps: S$200k-S$350k per facility ### On This Page ## Overview The Energy Efficiency Fund (E2F) is a grant scheme by NEA aimed primarily at manufacturing companies to support larger, customized energy efficiency projects that go beyond off-the-shelf, pre-approved equipment. E2F supports projects that deliver measurable and verifiable energy savings (and thus carbon abatement). From 1 April 2023, pre-approved energy efficient technologies can receive fixed 70% support of qualifying costs, subject to caps per facility by technology type. NEA has introduced simplifications to the Measurement & Verification (M&V) requirement, especially for smaller projects, to ease adoption. ## Support Details #### Support Rate Up to 70% of qualifying costs for pre-approved technologies (enhanced from April 2023). Project-based evaluation for other technologies. #### Cap Technology-specific caps for pre-approved equipment: • Lighting (LED retrofit): S$200,000 per facility • Air-conditioning retrofit: S$200,000 per facility • Compressed Air Systems: S$350,000 per facility • Boiler/Heat-pump systems: S$350,000 per facility ## Eligibility Criteria - Business Registration: Must be Singapore-registered manufacturing company operating in Singapore - Sector Code: SSIC code must be within 10XXX to 32XXX (manufacturing activities) - Annual Turnover: Must not exceed S$500 million (group basis) - Project Status: Project must not have started before E2F application approval (no contracts signed, purchase orders issued) - Project Duration: Approved project must be completed within 36 months from approval - Energy Performance: Must yield measurable and verifiable energy savings/carbon abatement - M&V Requirements: Non-pre-approved technologies require full M&V plans ### Application Process 1 Preliminary Planning: Identify energy efficiency opportunities via energy audit, draft proposal with technical specs and energy savings estimates 2 Proposal Preparation: Gather baseline energy data (utility bills), cost estimates/quotations, determine if equipment falls under pre-approved technologies 3 Submit Application: Email application with supporting documents to NEA_E2F@nea.gov.sg 4 Required Documents: ACRA Bizfile, audited financial statements (last 3 years), utility bills (12 months), quotations, equipment specs, M&V Plan (if required) 5 Technical Evaluation: NEA evaluates technical feasibility, energy savings assumptions, M&V plan, cost reasonableness 6 Project Execution: Upon approval, purchase and install equipment (must complete within 36 months) 7 M&V Implementation: Carry out baseline and post-implementation measurement, produce M&V Report endorsed by qualified third party 8 Claims Submission: Submit invoices, payment proof, delivery orders, installation photos, M&V report for disbursement #### Processing Time Technical evaluation: 8-12 weeks | Project completion deadline: 36 months from approval ### Claim Process 1 M&V Simplifications: For grants ≤S$50,000 using pre-approved technologies, M&V may be waived 2 Third-party Assessment: For grants >S$50,000 with pre-approved technologies, third-party assessment report may substitute for full M&V 3 External Audit: If grant exceeds S$100,000, disbursement requests must be audited by external CPA 4 Qualified Endorsement: Same qualified endorser who approved M&V Plan must witness measurements 5 Disbursement: NEA disburses approved grant amount to company's bank account after claim approval #### Important Reminder Claims must typically be submitted within 6 months of project completion. ### Best Practices for a Successful Application Start with High ROI Opportunities: Focus on compressed air, boilers, efficient motors, heat recovery systems, lighting, HVAC Check Pre-approved Status: Verify if proposed equipment is among pre-approved technologies for favorable 70% rate No Early Commitment: Avoid signing contracts or issuing purchase orders before E2F approval Document from Day 0: Maintain baseline energy consumption, utility bills, sub-metering, schematics, measurement plans Engage Qualified Consultants: Work with qualified third-party endorsers/energy consultants early for M&V guidance Stage Large Projects: Manage risk and comply with 36-month timeline by implementing incrementally Ensure Operational Discipline: Maintain measurement protocols, data logging, calibration procedures Budget for Audit: Projects >S$100,000 require external CPA audit for disbursement Plan for Contingencies: Energy projects may deviate from estimates - ensure adequate buffers ### Comparison: EDG vs PSG vs MRA | Grant | Purpose / Focus | Support Rate | Type of Projects Allowed | | --- | --- | --- | --- | | Pre-approved Technologies | LED, AC, compressed air, boiler upgrades | Up to 70% support (enhanced April 2023) | Simplified M&V, faster processing, technology-specific caps | | Other Energy Technologies | Custom energy efficiency solutions | Project-based evaluation, varies by savings potential | Full M&V requirements, detailed technical evaluation | Each grant has its own strengths and constraints; many companies leverage more than one as part of their transformation roadmap. ### Additional Information Recent Enhancements (April 2023): • Pre-approved energy efficient technologies now eligible for fixed 70% support • Simplified M&V requirements for smaller projects (≤S$50,000) - M&V may be waived • Third-party assessment reports can substitute for full M&V in many cases • Technology-specific caps provide clarity on maximum support levels Key Differences from EEG: • E2F targets manufacturing sector specifically (SSIC 10XXX-32XXX) • Supports larger, customized projects beyond pre-approved equipment lists • Longer project duration (36 months vs 12 months for EEG) • Higher individual project caps but technology-specific • More comprehensive M&V requirements for non-standard technologies Maximizing E2F Benefits: • Conduct comprehensive energy audit to identify multiple improvement areas • Consider bundling complementary technologies within respective caps • Leverage pre-approved technology benefits for faster approval and higher support • Plan phased implementation for complex projects to manage risks • Engage experienced energy consultants familiar with NEA requirements Important Reminders: • Manufacturing focus makes this ideal for production facilities • Technology caps allow substantial investments in energy efficiency • Enhanced support rates from April 2023 significantly improve project economics • Simplified M&V reduces administrative burden for smaller projects • 36-month implementation window provides flexibility for complex installations ## Contact Information Official Website Email: NEA_E2F@nea.gov.sg Phone: 1800 225 5632 ## Frequently Asked Questions The Energy Efficiency Fund (E2F) is a grant scheme by NEA aimed primarily at manufacturing companies to support larger, customized energy efficiency projects that go beyond off-the-shelf, pre-approved equipment. Business Registration: Must be Singapore-registered manufacturing company operating in Singapore. Sector Code: SSIC code must be within 10XXX to 32XXX (manufacturing activities). Annual Turnover: Must not exceed S$500 million (group basis). Project Status: Project must not have started before E2F application approval (no contracts signed, purchase orders issued). Project Duration: Approved project must be completed within 36 months from approval. The Energy Efficiency Fund (E2F) provides Up to 70% (enhanced from April 2023) funding support, capped at Technology-specific caps: S$200k-S$350k per facility. Up to 70% of qualifying costs for pre-approved technologies (enhanced from April 2023). Project-based evaluation for other technologies. Preliminary Planning: Identify energy efficiency opportunities via energy audit, draft proposal with technical specs and energy savings estimates. Proposal Preparation: Gather baseline energy data (utility bills), cost estimates/quotations, determine if equipment falls under pre-approved technologies. Submit Application: Email application with supporting documents to NEA_E2F@nea.gov.sg. Required Documents: ACRA Bizfile, audited financial statements (last 3 years), utility bills (12 months), quotations, equipment specs, M&V Plan (if required). Technical Evaluation: NEA evaluates technical feasibility, energy savings assumptions, M&V plan, cost reasonableness. Project Execution: Upon approval, purchase and install equipment (must complete within 36 months). M&V Implementation: Carry out baseline and post-implementation measurement, produce M&V Report endorsed by qualified third party. Claims Submission: Submit invoices, payment proof, delivery orders, installation photos, M&V report for disbursement. Visit the official portal at https://www.nea.gov.sg/programmes-grants/grants-and-awards/energy-efficiency-fund-(e2f) The Energy Efficiency Fund (E2F) is administered by National Environment Agency. You can contact them at NEA_E2F@nea.gov.sg or 1800 225 5632. Where Volty fits ## For businesses that answer customers on WhatsApp Volty is Voltade's WhatsApp AI agent builder. A business trains its own agent on its SOPs, products and brand voice, and the agent answers enquiries on the business's own WhatsApp number, then takes the booking, logs the order or updates the record in the tools the business already runs. Volty starts at S$199 a month on the Plus plan, with unlimited seats. Volty is sold under Voltade AI Solutions, a PSG Pre-Approved Solution, so eligible Singapore SMEs can receive up to 50% PSG support on it. Talk to Volty to start a 7-day trial: Volty interviews your team and drafts its own instructions, and you read them before anything is live. Talk to Volty ## Other Relevant Grants Explore additional funding opportunities that might complement this grant Open Innovation Platform (OIP) · Prize-based funding varies by challenge support, Over S$550,000 across winners · Business Improvement Fund (BIF) · Up to 70% for SMEs, 50% for non-SMEs support, Project-based evaluation · A*STAR / AI Singapore – T-Up · Up to 70% for SMEs, 30% for LLEs support, S$250,000 per project ## Links - [Open Innovation Platform (OIP)Prize-based funding varies by challenge support, Over S$550,000 across winners](https://voltade.com/sg/grants/open-innovation) - [Business Improvement Fund (BIF)Up to 70% for SMEs, 50% for non-SMEs support, Project-based evaluation](https://voltade.com/sg/grants/bif-grant) - [A*STAR / AI Singapore – T-UpUp to 70% for SMEs, 30% for LLEs support, S$250,000 per project](https://voltade.com/sg/grants/t-up-grant)