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    Enterprise Singapore

    Updated

    Energy Efficiency Grant (EEG)

    Max Support
    Up to 70% for SMEs, 30% for non-SMEs
    Cap
    S$30,000 (Base Tier), S$350,000 (Advanced Tier)

    Overview

    The Energy Efficiency Grant (EEG) helps businesses co-fund investments in energy-efficient equipment to reduce electricity/energy costs and carbon emissions. The grant comprises two tiers of support: 1. Base Tier: For pre-approved energy efficient equipment, with a cap of S$30,000 per company 2. Advanced Tier: For larger investments where equipment need not be pre-approved, but must demonstrate lifetime energy/carbon savings above a threshold. Total cap is S$350,000. The grant window runs from 1 April 2024 to 31 March 2026. After approval, companies have up to 1 year to purchase/install equipment and submit claims.

    Support Details

    Support Rate

    Base Tier: Up to 70% for SMEs, 30% for non-SMEs | Advanced Tier: Lower of support rate or computed grant based on lifetime carbon/energy savings (≥350 tCO₂e)

    Cap

    Base Tier: S$30,000 per company | Advanced Tier: S$350,000 total (including Base tier usage)

    Project Duration & Scope

    Equipment must be purchased and installed within 1 year from grant approval. Equipment must remain installed and in use for at least 1 year after final claim approval.

    Eligibility Criteria

    • Business Registration: Must be registered and operating in Singapore
    • Local Shareholding: At least 30% local shareholding (except for data centre users)
    • Annual Turnover: Group annual sales/turnover ≤ S$500 million
    • Base Tier Sectors: Construction, Food Services, Manufacturing, Retail, Maritime, Data Centres
    • Advanced Tier Sectors: Construction, Manufacturing, Maritime only
    • Equipment Use: Equipment must be deployed in Singapore in the claimed sector/location
    • Pre-approval: Base tier equipment must be from pre-approved list; Advanced tier need not be pre-approved but must meet savings threshold
    • Project Timeline: Project must not have commenced (no payment/contract) before application approval

    Application Process

    1

    Preliminary Assessment: Conduct energy audit to identify equipment for upgrade and check pre-approved equipment list

    2

    Vendor Quotations: Collect quotations, product brochures, technical documentation, site info (utility bills, tenancy)

    3

    Submit Application: Apply via Business Grants Portal (BGP) for Base Tier, or through sector agencies for Advanced Tier

    4

    Wait for Approval: Do not sign contracts or make payments until EEG application is approved

    5

    Project Execution: Purchase and install equipment within 1 year from grant approval

    6

    Submit Claims: Through BGP (Base) or sector agency (Advanced) with invoices, payment proofs, installation evidence

    7

    Disbursement: Grant disbursed via PayNow Corporate or GIRO after claim approval

    Processing Time

    Base Tier: ~6 weeks for complete application | Advanced Tier: Varies by sector agency

    Project Duration & Completion

    Equipment must be purchased and installed within 1 year from grant approval. Equipment must remain installed and in use for at least 1 year after final claim approval.

    Best Practices for a Successful Application

    Start with High-Impact Items: Prioritize equipment with strong energy savings and shorter payback periods

    Leverage Matching Rate: SMEs get up to 70% support - plan bigger upgrades that make business sense

    No Early Commitment: Avoid signing contracts or making payments before application approval

    Document Thoroughly: Maintain clear, timestamped evidence (photos, serial numbers, site pictures)

    Bundle Multiple Items: Apply for multiple equipment pieces within caps and rules

    Monitor Caps: Track Base tier allocation (S$30,000) usage for future upgrades

    Validate Technical Specs: Ensure equipment specs match EEG technical requirements

    Check Sector Rules: Some sectors have additional rules for Advanced Tier applications

    Apply Early: Grant window ends 31 March 2026 - begin planning early

    Comparison: EDG vs PSG vs MRA

    GrantPurpose / FocusSupport RateType of Projects Allowed
    Base TierPre-approved energy efficient equipmentUp to 70% (SMEs), 30% (non-SMEs)LED, AC, refrigeration, cooking equipment from approved list
    Advanced TierLarger energy efficiency investmentsBased on lifetime carbon/energy savings calculationCustom equipment demonstrating ≥350 tCO₂e lifetime savings

    Each grant has its own strengths and constraints; many companies leverage more than one as part of their transformation roadmap.

    Additional Information

    Important Reminders: • Two-tier system allows flexibility for different investment scales • Base tier focuses on proven, pre-approved equipment for quick adoption • Advanced tier supports larger, custom energy efficiency projects • SMEs benefit from higher co-funding rates (70% vs 30% for non-SMEs) • Data centre users may be exempted from local shareholding requirements • Equipment must meet specific technical specifications and energy ratings • Holding period of at least 1 year after claim approval ensures sustained benefits Sector-Specific Notes: • Construction: Apply through BCA for Advanced Tier • Maritime: Apply through MPA for Advanced Tier • Manufacturing: Wide range of equipment categories available • Data Centres: Special considerations for cooling and power systems Maximizing Benefits: • Start with energy audit to identify highest-impact upgrades • Consider bundling multiple equipment types within cap limits • Plan timing to complete installation within 1-year window • Maintain detailed documentation throughout the process

    Contact Information

    Official Website
    Phone: +65 6898 1800

    Frequently Asked Questions

    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.