The amount of funding for retrofitting projects will be around 10% to 50% of the actual project expenditure, depending on the type of building, the type of installation and project duration. Project expenditure shall restrict to the cost of energy efficiency installations and if Qualified Service Provider is appointed, its service charge.
The amount of funding for retro-commissioning and implementation of smart technologies will depend on the amount of the energy saving and project duration. The more energy the project will saved and the soonest the project will be completed, the more funding will be granted.
The whole Project must be completed no later than 24 months from the date of receiving Approval in Principle or Final Funding Approval whichever is earlier. If the whole Project could be completed within 9 months or 18 months, higher amount of funding can be granted. Please refer to Table 2.4 of the Guide to Application – CLP Eco Building Fund for details.
For the retrofitting project with expenditure of HK$100,000 or below (excluding the cost of engaging Qualified Service Provider), full subsidy will be provided to the cost of engaging Qualified Service Provider for the project, subject to a ceiling of HK$10,000.