Energy Efficiency Programs to Get Excited About in 2025
Thrive Electrify
An electrical contractor, like no other | LED Lighting Retrofits, EV Charging & Solar
As we look ahead to 2025, warehouse and industrial building owners have more opportunities than ever to make meaningful strides in sustainability. Whether it’s energy efficiency programs, electrification projects, or tax incentives, the year ahead promises a wealth of initiatives to help you lower operating costs, reduce your carbon footprint, and access financial benefits that make sustainability not just a buzzword, but a smart business decision.
1) Expanded Support Programs
Energy efficiency is no longer just about reducing costs—it’s about optimizing your building’s performance and aligning with your sustainability goals. In 2025, several energy efficiency programs will offer significant incentives and rebates, making it easier than ever to make impactful upgrades to your warehouse.
BC HYDRO:
BC Hydro is a leader in supporting businesses with energy efficiency solutions, offering programs designed to reduce greenhouse gas (GHG) emissions and improve operational efficiency. Their initiatives include financial incentives for energy-efficient upgrades and expert guidance to maximize savings. Key opportunities include:
As a trusted BC Hydro Alliance Member, Thrive Electrify is here to help you explore and identify the best programs to support your energy efficiency and sustainability goals.
Deep Retrofit Programs for Commercial Buildings
Mid-tier buildings have faced challenges accessing the resources needed for significant retrofit projects. The BOMA Enspire program, supported by Natural Resources Canada through the Deep Retrofit Accelerator Initiative (DRAI), was created to address this. It aims to raise awareness and build capacity to advance deep energy retrofits in mid-tier buildings. Key benefits include detailed business cases outlining savings and execution plans, financial guidance to access grants and loans, and a robust knowledge network for best practices.
Canadian Infrastructure Bank (CIB) and IREE Certification:
Invest in revenue-generating infrastructure that benefits Canadians and attracts private capital. The Canadian Infrastructure Bank’s (CIB) supports the private sector with their Building Retrofits Initiative, which provides attractive financing to reduce investment barriers and decarbonize buildings. Investor ready certifications like IREE, make retrofits more attractive to building owners and investors by facilitating retrofit proposal reviews, reducing transaction costs, and streamlining projects. As a result, investors can be more confident in retrofit project outcomes.
2) Attractive Tax Incentives and Financial Benefits??
Sustainability initiatives come with a host of financial benefits that can help offset the initial investment. Business owners can look forward to some exciting tax incentives and incentives that will make sustainable upgrades more financially viable than ever.
Free Money
In 2025, businesses investing in energy-efficient and electrification projects can take advantage of various provincial and federal grants. Ongoing incentives for LED lighting upgrades and EV charging infrastructure will help shorten the payback period for upfront costs. Additionally, new self-generation incentives, introduced in July 2024, provide savings of up to $50,000 on eligible solar panels and battery storage systems, making the transition to renewable energy more affordable and accessible. Don’t miss out—grants are only available for a limited time! Contact Thrive Electrify now to discover the latest incentives and make the most of these valuable opportunities.
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Lease to Own Options
Worried about upfront costs for your electrification upgrades? Lease-to-own your electrification projects. With reduced interest rates and a streamlined application process from our trusted lending partners, financing has never been easier. For projects ranging from $100K to $250K, no financials are needed—get approved and funded in as little as 8 days with our preferred lending partner! Reach out to us to learn how this option can help you navigate budget limitations and bring your electrification projects to life.
Tax Credits and Deductions
In 2025, businesses investing in energy-efficient and electrification projects can take advantage of various provincial and federal grants. Ongoing incentives for LED lighting upgrades and EV charging infrastructure will help shorten the payback period for upfront costs. Additionally, new self-generation incentives, introduced in July 2024, provide savings of up to $50,000 on eligible solar panels and battery storage systems, making the transition to renewable energy more affordable and accessible. Don’t miss out—grants are only available for a limited time! Contact Thrive Electrify now to discover the latest incentives and make the most of these valuable opportunities.
Combining Upgrades
The integration of sustainable technologies offers exciting opportunities for businesses to amplify cost savings and environmental impact. By strategically combining energy-efficient solutions, you can unlock greater affordability and long-term value. Thrive Electrify specializes in combining your upgrades to maximize value.
Why 2025 is the Year to Act
Sustainability is about more than just ticking a box. It’s about?future-proofing your building, improving operational efficiencies, getting ahead of upcoming mandatory building performance regulations, and being recognized for your commitment to the environment. By taking advantage of the programs and incentives available, warehouse owners can:
Let 2025 be the year you make the most of these exciting sustainability opportunities! Reach out to our team at Thrive Electrify for guidance on implementing these initiatives in your building.
Contact Thrive Electrify to assess your facility’s specific needs and start your journey towards a more efficient, cost-effective cold storage operation today.