Energy Efficiency Grant (EEG)

High energy bills from outdated systems can put a constraint on businesses’ budgets. Yet, upgrading can be as costly. What if there was a way to upgrade without bearing the full cost?

That’s where the Energy Efficiency Grant (EEG) came in. With an EEG grant, you’re eligible for funding for energy-efficient equipment—helping you transition to a more sustainable and cost-efficient operation.

Learn more about the Singapore Government’s energy efficiency support scheme.

Table of Contents

General

Energy Efficiency Grant (EEG) is a Singapore-based funding scheme that aims to help businesses invest in energy-efficient equipment. This can include upgraded air conditioners, lighting systems, and appliances, among others—which is part of a broader effort to transition towards reduced energy consumption and sustainability.

Businesses granted this funding can receive up to $30,000 for pre-approved energy-efficient equipment. For those wishing to make larger investments, they may apply for up to $350,000 funding, if they meet the requirements for it.

The EEG was initially given to businesses in food services, food manufacturing, and retail sectors—allowing them to transition to a more energy-efficient and sustainable operation.

However, as of 30 December 2024, the funding has been extended to include other sectors as well. These include construction, maritime, manufacturing, and data centres along with their users.

Businesses of these sectors are eligible for funding for pre-approved equipment, capped at $30,000 under the Base tier, and up to $350,000 under the Advanced tier. Learn more about these tiers as we discuss them further.

The EEG comes in two tiers: EEG (Base) and EEG (Advanced). Businesses applying for EEG (Base) can receive funding of up to $30,000 for pre-approved energy-efficient (EE) equipment.

Should they wish for larger investments, they can apply for EEG (Advanced) that supports non-pre-approved equipment for up to $350,000—given that they can provide proof of energy savings above 350 tonnes of lifetime carbon abatement.

However, businesses applying for EEG (Advanced) will not automatically receive the full $350,000 in funding. The actual grant amount is determined based on the lower of:

  • The EEG (Base) support levels—70% of the equipment cost for SMEs and 30% for non-SMEs.
  • The expected lifetime carbon abatement of the equipment—calculated by estimating the total emissions it will save over its operational lifespan. To validate these energy savings, businesses must provide an assessment report from a certified third-party assessor.

As an example, if an SME applies for EEG (Advanced) to procure energy-efficient equipment that costs $400,000, the maximum possible support from EEG (Base) rates would be $280,000. However, if the equipment’s expected carbon abatement is only $200,000, the company would receive $200,000, as the lower amount applies.

Note:

  • SMEs are defined as businesses with an Annual Sales Turnover of $100 million or less or a workforce of 200 employees or fewer.

EEG (Base)

Companies can apply for EEG (Base) and receive up to $30,000 of funding for pre-approved energy-efficient equipment, as long as they meet the following criteria:
  1. Registered and operating in Singapore
The business must be legally registered and operating in Singapore within one of these sectors—as classified under theSSIC:
  • Construction: Classified under SSIC 41 to 43
  • Manufacturing, including Food Manufacturing: Classified under SSIC 10 to 32
  • Maritime:
    • Harbour craft companies owning or operating harbour craft licensed by MPA
    • Port companies classified under SSIC 23940, 24109, 49231, 50021, 50023, 52101, 52221, 52222, 52224, 52243, 52292
  • Retail: Classified under SSIC 47
  • Data Centre users: Include businesses that use commercial data centres in Singapore and meet the Data Centre Sector eligibility requirements. These businesses can apply for pre-approved energy-efficient equipment regardless of their industry. However, note that some entities are ineligible for EEG (Base) funding.
Entities that don’t qualify for EEG (Base):
  • Charities
  • Institutions of Public Character (IPCs)
  • Religious entities
  • Voluntary Welfare Organisations (VWOs)
  • Government agencies and their subsidiaries
  • Co-operative societies and societies
  1. Local shareholding and employment
Businesses must have 30% of local shareholding*, except for maritime sector and data centre users. They must also employ at least one local employee at the firm level**. Notes:
  • *For users of data centres, entities need not have 30% of local shareholding.
  • **For the maritime sector, this applies to the group level.
  1. Meet the financial requirements
To be eligible for EEG (Base), businesses must have Group Annual Sales of no more than $500 million. This ensures that the funding is targeted at businesses that are not excessively large or are already well-funded.
  1. Equipment is purchased and installed in Singapore
The energy-efficient equipment must be purchased and installed within Singapore to qualify for the grant. This ensures that the funding supports local businesses in adopting energy efficiency and sustainability within the country.

Follow these steps to apply for the EEG (Base) and receive funding to procure pre-approved energy-efficient equipment of up to $30,000:

  1. Make sure your company is eligible for the EEG (Base)

Before applying for the EEG (Base), make sure that your company is eligible for it. Check the following criteria:

  • Business is registered and operating in Singapore
  • Business is among the eligible sectors
  • Meet the minimum 30% of local shareholding (except for the maritime sector and data centre users) and hire at least 1 local employee at the firm level (except for the maritime sector that applies at the group level)
  • Earn Group Annual Sales Turnover of no more than $500 million
  • Purchased equipment is used in Singapore
  1. Prepare the documents

To prove your company’s eligibility for the EEG (Base), you must prepare the following documents:

  • ACRA Bizfile
  • Past 3 years’ audited annual or financial report
  • Quotations from your vendor
  • Lease or contract agreement related to operational sites
  1. Submit the application

Applications must be submitted through theBusiness Grants Portal (BGP), a one-stop portal for businesses to find and apply for government grants.

Check your company’s SSIC code to determine which government agency manages your application. This ensures you apply to the correct ones and prevents delays.

List of government agencies that administer applications from the respective sectors:

  • Construction: Building and Construction Agency (BCA)
  • Manufacturing, including Food Manufacturing: National Environment Agency (NEA)
  • Maritime: Maritime and Port Authority of Singapore (MPA)
  • Food Services and Retail: Enterprise Singapore
  • Data centre users: Infocomm Media Development Authority

 Notes:

  • Once your application is approved, you have up to one year from the approval date to purchase and install the energy-efficient equipment.
  • Funding is provided on a reimbursement basis, meaning you must submit claims after making the purchase.
  • Do not make any payments or deposits before submitting an application.
  • The grant covers only the actual equipment purchase price and does not include delivery, installation fees, or any other related charges.

Once you have purchased the supported equipment, deployed and installed the equipment, and paid for the equipment in full, you can proceed to claim for the EEG (Base) by preparing several documents, including:

  • Invoice
  • A bank statement, cheque, or bank transfer image that clearly shows relevant information, such as grant applicant name, payee name, payment date, payment amount, and approval status of the transaction
  • Proof of delivery order
  • Pictures of equipment installation on-site and equipment’s serial number

Submit these documents as a part of your claims through theBusiness Grants Portal (BGP). Disbursement will be made once the claims have been approved.

Supported equipment will differ depending on the respective sectors. As stated on GoBusiness the eligible items are listed as follows:

  • Construction sector:
    • Battery Energy Storage System 
    • Electric Crawler Crane 
    • Electric Excavator 
    • Electric Wheel Loader 
    • Hydraulic Excavator
  • Data centre sector
    • Data Centre Storage 
    • Enterprise Servers
  • Food services sector:
    • Air conditioner 
    • Clothes dryer 
    • Cooking hob 
    • LED lighting 
    • Refrigerator 
    • Water heater
  • Maritime sector:

Harbour craft:

  • Air conditioner 
  • LED lighting

Port:

  • Electric forklift
  • Manufacturing, including Food Manufacturing
    • Air conditioner 
    • Boiler system 
    • Clothes dryer 
    • Compressed air system 
    • Cooking hob 
    • LED lighting 
    • Motors 
    • Refrigerator 
    • Water heater
  • Retail sector
    • Air conditioner 
    • Clothes dryer 
    • Cooking hob 
    • LED lighting 
    • Refrigerator 
    • Water heater

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

During this period, eligible companies are encouraged to apply for funding to support their investments in energy-efficient equipmen

EEG (Advanced)

Businesses of the following sectors may apply for the EEG (Advanced) to make larger investments in non-pre-approved energy-efficient equipment:

  • Construction: Classified under SSIC 41 to 43
  • Manufacturing, including Food Manufacturing: Classified under SSIC 10 to 32
  • Maritime:
    • Harbour craft companies owning or operating harbour craft licensed by MPA
    • Port companies classified under SSIC 23940, 24109, 49231, 50021, 50023, 52101, 52221, 52222, 52224, 52243, 52292

Eligible businesses may apply for EEG (Advanced) with a total funding cap of up to $350,000, combined with any previous EEG (Base) and EEG (Advanced) grants received, as long as they meet these requirements:

  1. The company must be registered and operating in Singapore

Your company must be legally registered and operating in Singapore within one of these eligible sectors—as classified underSSIC:

  • Construction: Classified under SSIC 41 to 43
  • Manufacturing, including Food Manufacturing: Classified under SSIC 10 to 32
  • Maritime:
    • Harbour craft companies owning or operating harbour craft licensed by MPA
    • Port companies classified under SSIC 23940, 24109, 49231, 50021, 50023, 52101, 52221, 52222, 52224, 52243, 52292
  1. Adhere to local shareholding and employment regulations

Your company must have at least 30% local shareholding and employ at least one local employee at the firm level.

  1. The company must not exceed the sales turnover cap

To be eligible for EEG (Advanced) funding, your company must not exceed the Group Annual Sales Turnover cap, which is set at a maximum of $500 million. This is to ensure the grant is not disbursed to large, well-funded enterprises.

  1. Equipment must be purchased and installed in Singapore

You must purchase and install the energy-efficient equipment within Singapore to qualify for the EEG (Advanced) grant—as this funding is aimed at supporting local businesses in adopting energy efficiency and sustainability.

The list of whitelisted third-party assessors varies by industry sector. Kindly refer to the following information:

Singapore Polytechnic (SP) – Centre for Environmental Sustainability and Energy Efficiency (ESEE) – Centre ESEE – Industry and Partnerships | SP – Contact information: Lam_Kok_Seng@sp.edu.sg

Follow these steps to start applying for the EEG (Advanced) funding:

  1. Email the appointed government agency

Email the relevant government agency based on your industry sector. They will verify your eligibility and provide you with the required list of application documents.

  • Construction companies: Email to BCA_EEG_admin@bca.gov.sg
  • Manufacturing companies: Email to NEA_EEG@nea.gov.sg
  • Maritime companies: Email to MPA_EEG@mpa.gov.sg
  1. Prepare the documents and obtain quotations from your vendors

Once you receive confirmation and the list of necessary documents, proceed with preparing them. You also need to obtain quotations from your vendors to prove the cost of energy-efficient equipment.

  1. Submit application

Submit your application, along with the supporting documents to the same email address provided for your industry sector.

The EEG (Advanced) Grant is provided on a reimbursement basis, which prompts you to submit claims after making energy-efficient equipment purchases. Here’s what to do:

  • Provide the invoice for the purchased equipment
  • Provide a bank statement, cheque, or bank transfer image that clearly shows relevant information, such as grant applicant name, payee name, payment date, payment amount, and approval status of the transaction
  • Provide proof of delivery order
  • Provide pictures of equipment installation on-site and the equipment’s serial number

Submit the claim to the same email address as you submitted your EEG (Advanced) grant application. Disbursement will be made once the claims have been approved.

Note that the EEG (Advanced) funding only covers the actual cost of the actual equipment purchase price and does not include other fees, such as whitelisted third-party assessors, delivery, and installation fees, or any other related charges that may incur.

The EEG (Advanced) supports a wide range of energy-efficient equipment, including those not covered under the pre-approved EEG (Base) funding, as long as the company can demonstrate energy savings above 350 tonnes of lifetime carbon abatement from the equipment.

However, certain exceptions apply, and the EEG (Advanced) grant doesn’t support:

  • Vehicles
  • Key equipment in systems that require Measurement & Verification at the system level for legislation compliance or the Green Mark Scheme (or equivalent government scheme)
  • Blackbox solutions—software or hardware devices whose energy efficiency benefits cannot be explained using mainstream engineering knowledge and theories
  • Non-energy-efficient equipment, including those that reduce carbon emissions but don’t lower energy consumption (e.g., solar PV panels, wind turbines)
  • International vessels

The EEG (Advanced) is open for application from 1 April 2024 to 31 March 2026.

Businesses whose application has been approved may purchase and install the equipment, and then submit claims for reimbursement. The validity period is up to one year from the approval date.

Yes, you can. However, any funding received under previous EEG (Base) or EEG (Advanced) grants will be deducted from the total $350,000 funding cap, and you will only be eligible for the remaining amount.

Yes, a company may apply for multiple EEG (Advanced) grants, as long as they haven’t maxed out the $350,000 cap.

When the grant is fully utilised, a company becomes ineligible for further support within the validity period of the cap. This is why it’s important to carefully plan out your equipment purchases, ensuring you maximise the funding for energy-efficiency benefits.

Energy Efficiency Grant (EEG) Singapore & Approved Air-Conditioner Models List

Up to 70% for SMEs, 30% for non-SMEs
Only for businesses within the Food Services, Manufacturing, Food Manufacturing, Retail sectors, Construction, Maritime, Data Centres and their users.

Grant available until 31 March 2026.

  • Minimum 5-ticks and using refrigerant with Global Warming Potential (GWP) = 750 for split unit models (up to 10kW cooling capacity)
  • Minimum 3-ticks and using refrigerant with GWP = 750 (if available) for split unit models (above 10kW cooling capacity)
  • Minimum 3-ticks and using refrigerant with GWP = 750 (when available) for 3-phase variable refrigerant flow (VRF) models
Mitsubishi Electric – FDC280CKXZA2-S8Daikin – MKM100VVMG
Mitsubishi Electric – MUY-GP10VFDaikin – MKM50VVMG
Mitsubishi Electric – MXY-2H20VFDaikin – MKM75VVMG
Mitsubishi Electric – MXY-3H28VGDaikin – MKM75VVMG-HW
Mitsubishi Electric – MXY-3H28VG2Daikin – MKM85VVMG
Mitsubishi Electric – MXY-4H33VGDaikin – MKP50VVMG
Mitsubishi Electric – MXY-4H33VG2Daikin – MKP75VVMG
Mitsubishi Electric – MXY-4H38VGDaikin – RKM25PVMG
Mitsubishi Electric – MXY-5H48VGDaikin – RKM25XVMG
Mitsubishi Electric – MXY-6C53VAMDaikin – RXMUQ4AVEG
Mitsubishi Electric – MXY-6D53VFMDaikin – RXMUQ5AVEG
Mitsubishi Electric – PUCY-EP200YKE.TH-SGDaikin – RXMUQ6AVEG
Mitsubishi Electric – PUCY-EP200YKE.TH-SG-BSDaikin – RXQ10AYM
Mitsubishi Electric – PUCY-EP250YKE.TH-SGDaikin – RXQ10AYMG
Mitsubishi Electric – PUCY-EP250YKE.TH-SG-BSDaikin – RXQ10AYMW
Mitsubishi Electric – PUCY-EP300YKE.TH-SGDaikin – RXQ12AYM
Mitsubishi Electric – PUCY-EP300YKE.TH-SG-BSDaikin – RXQ12AYMG
Mitsubishi Electric – PUCY-EP350YKE.TH-SGDaikin – RXQ12AYMW
Mitsubishi Electric – PUCY-EP350YKE.TH-SG-BSDaikin – RXQ6AYM
Mitsubishi Electric – PUCY-EP400YKE.TH-SGDaikin – RXQ6AYMG
Mitsubishi Electric – PUCY-EP400YKE.TH-SG-BSDaikin – RXQ6AYMW
Mitsubishi Electric – PUCY-EP450YKE.TH-SGDaikin – RXUQ10AYM
Mitsubishi Electric – PUCY-EP450YKE.TH-SG-BSDaikin – RXUQ10AYMG
Mitsubishi Electric – PUCY-EP500YKE.TH-SGDaikin – RXUQ10AYMW
Mitsubishi Electric – PUCY-EP500YKE.TH-SG-BSDaikin – RXUQ12AYM
Mitsubishi Electric – PUCY-P200YKD.THDaikin – RXUQ12AYMG
Mitsubishi Electric – PUCY-P200YKD.TH-BSDaikin – RXUQ12AYMW
Mitsubishi Electric – PUCY-P200YKE.TH-SGDaikin – RXUQ14AYM
Mitsubishi Electric – PUCY-P200YKE.TH-SG-BSDaikin – RXUQ14AYMG
Mitsubishi Electric – PUCY-P250YKD.THDaikin – RXUQ14AYMW
Mitsubishi Electric – PUCY-P250YKD.TH-BSDaikin – RXUQ16AYM
Mitsubishi Electric – PUCY-P250YKE.TH-SGDaikin – RXUQ16AYMG
Mitsubishi Electric – PUCY-P250YKE.TH-SG-BSDaikin – RXUQ16AYMW
Mitsubishi Electric – PUCY-P300YKD.THDaikin – RXUQ16AYMWG
Mitsubishi Electric – PUCY-P300YKD.TH-BSDaikin – RXUQ6AYM
Mitsubishi Electric – PUCY-P300YKE.TH-SGDaikin – RXUQ6AYMG
Mitsubishi Electric – PUCY-P300YKE.TH-SG-BSDaikin – RXUQ6AYMW
Mitsubishi Electric – PUCY-P350YKD.THDaikin – RXUQ8AYM
Mitsubishi Electric – PUCY-P350YKD.TH-BSDaikin – RXUQ8AYMG
Mitsubishi Electric – PUCY-P350YKE.TH-SGDaikin – RXUQ8AYMW
Mitsubishi Electric – PUCY-P350YKE.TH-SG-BSEnovatek Energy – EES-ADC09GW-XA-32R+5
Mitsubishi Electric – PUCY-P500YKD.THEnovatek Energy – EES-ADC12GW-XA-32R+5
Mitsubishi Electric – PUCY-P500YKD.TH-BSEnovatek Energy – EES-ADC18GW-XA-32R+5
Mitsubishi Electric – PUMY-CP175YKM2-PAEnovatek Energy – EES-ADX24GW-XA-32R+5
Mitsubishi Electric – PUMY-CP175YKM2-PA-BSEuropAce – ESAC MA3R215A
Mitsubishi Electric – PUMY-CP175YKM-PAEuropAce – ESAC MA4R285A
Mitsubishi Electric – PUMY-CP175YKM-PA-BSEuropAce – ESAC18CUD
Mitsubishi Electric – PUMY-CP200YKM2-PAEuropAce – ESAC21CUD
Mitsubishi Electric – PUMY-CP200YKM2-PA-BSEuropAce – ESAC28CUD
Mitsubishi Electric – PUMY-CP200YKM-PAEuropAce – ESAC32CUD
Mitsubishi Electric – PUMY-CP200YKM-PA-BSFujitsu – AJA040LELBH
Mitsubishi Electric – PUMY-CP225YKM2-PAFujitsu – AJA045LELBH
Mitsubishi Electric – PUMY-CP225YKM2-PA-BSFujitsu – AOAG09CMTA
Mitsubishi Electric – PUMY-CP225YKM-PAFujitsu – AOAG12CMTA
Mitsubishi Electric – PUMY-CP225YKM-PA-BSFujitsu – AOAH24CBTA
Mitsubishi Electric – SUY-ZM50VA-SGFujitsu – AOAH24CBTA3
Mitsubishi Heavy Industries – FDC335CKXZA2Fujitsu – AOAH30CBTA4
Mitsubishi Heavy Industries – FDC400CKXZA2Fujitsu – AOAH36CBTA
Mitsubishi Heavy Industries – FDCS335CKXZA2GREE – GMVL-120WL/A-K(P)
Mitsubishi Heavy Industries – FDCS400CKXZA2GREE – GMVL-140WL/A-K(P)
Mitsubishi Heavy Industries – SCM60YS-WGREE – GMVL-160WL/A-K(P)
Mitsubishi Heavy Industries – SCM80YS-WGREE – GMVL-224WM/G-X(P)
Mitsubishi Heavy Industries – SRC10YVS-W7GREE – GMVL-280WM/G-X(P)
Natflow – NRV-308GREE – GWC09ATDXD-K6DNA3A/O
Natflow – NRV-310GREE – GWC12ATDXE-K6DNA3A/O
Natflow – NRV-312GREE – GWCD(18)NK6AO
Natflow – NRV-314GREE – GWCD(18)NK6GO
Natflow – NRV-322GREE – GWCD(21)NK6AO
Panasonic – CU-2XU20YBZGREE – GWCD(21)NK6GO
Panasonic – CU-2XU20YBZ-HGREE – GWCD(28)NK6AO
Panasonic – CU-3XU28YBZGREE – GWCD(28)NK6GO
Panasonic – CU-3XU28YBZ-HGREE – GWCD(32)NK6AO
Panasonic – CU-4XU33YBZHaier – 4U65RH1SRA
Panasonic – CU-4XU33YBZ-HHaier – 4U80SH1SRA
Panasonic – CU-4XU38YBZHaier – 5U90NH1SRA
Panasonic – CU-4XU38YBZ-HHitachi – RAM-Z23C2MS
Panasonic – CU-XU9XKZHitachi – RAM-Z30C3MS
Panasonic – U-10ME2R8Hitachi – RAM-Z38C4MS
Panasonic – U-10ME2R8EHitachi – RAS-080HNCBLW
Panasonic – U-8ME2R8Hitachi – RAS-100HNCBLW
Panasonic – U-8ME2R8EHitachi – RAS-120HNCBLW
PRISM+ – PRCZ28Hitachi – RAS-140HNCBLW
PRISM+ – PRCZ36Hitachi – RAS-160HNCBLW
Samsung – AJ045DCJ2KF/SPHitachi – RAS-180HNCBLW
Samsung – AJ065DCJ3KF/SPLG – ARUN080LTE5
Samsung – AJ070DCJ4KF/SPLG – ARUN082LTE6
TCL – FMA-18I3HD/DVOLG – ARUN100LTE5
TCL – FMA-27I4HD/DVOLG – ARUN102LTE6
Toshiba – MCY-MHP0805HT8-SGLG – ARUN120LTE5
Toshiba – MMY-MAP0807T8P-SGLG – ARUN122LTE6
Toshiba – MMY-MAP1007T8P-SGLG – ARUN140LTE5
Toshiba – MMY-MAP1207T8P-SGLG – ARUN142LTE6
Toshiba – MMY-MAP14A7T8P-SGLG – ARUN160LTE5
Toshiba – MMY-MUP0801T8P-SGLG – ARUN162LTE6
Toshiba – MMY-MUP1001T8P-SGLG – ARUN180LTE5
Toshiba – MMY-MUP1201T8P-SGLG – ARUN182LTE6
Toshiba – MMY-MUP1401T8P-SGLG – Z3UQ18GFA0
Toshiba – MMY-MUP14A1T8P-SGLG – Z3UQ26GFA0
Toshiba – MMY-MUP1601T8P-SGLG – Z4UQ28GFA0
Toshiba – RAS-2M21U2ACVG-SGLG – ZRUV030GSD5
Toshiba – RAS-3M31U2ACVG-SGLG – ZRUV040GSD5
Toshiba – RAS-3M41U2ACVG-SGLG – ZRUV050GSD5
Toshiba – RAS-4M41U2ACVG-SGMidea – M4OA-28CRFN8E
Toshiba – RAS-5M51U2ACVG-SGMidea – M4OA-32CRFN8E
Tosot – TR32SAC18CUDMidea – M5OA-40CRFN8E
Tosot – TR32SAC21CUDMidea – MAE-2M18E
Tosot – TR32SAC28CUDMidea – MAE-3M25E
Tosot – TR32SAC32CUDMidea – MAE-4M30E
 Midea – MAS-1S09E
 Midea – MCE-2M16E
 Midea – MCE-4M28E
 Midea – MDV-V28WDHN1(SG)
 Midea – MDV-V36WDHN1(SG)
 Midea – MKC-2M15E
 Midea – MKC-3M22E
 Midea – MKC-4M27E
 Midea – MMY-MUP1401T8P-SG
 Midea – MVC-M252WV2GN1(G)
 Midea – MVC-M280WV2GN1(G)
 Midea – MVC-M335WV2GN1(G)
 Midea – MVC-M400WV2GN1(G)
 Midea – MVC-M450WV2GN1(G)
 Midea – MVC-M500WV2GN1(G)
 Midea – MVC-M560WV2GN1(G)

Funded and administered by Enterprise Singapore (EnterpriseSG).

For more information, please refer to https://www.enterprisesg.gov.sg/eeg

Contact us to get a quotation and apply now.

Brands: Mitsubishi Electric

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