The Opportunity
The Business and Energy Savings Incentives (BESI) program by BC Hydro empowers small and medium-sized businesses across British Columbia to implement energy-efficient retrofits, including lighting upgrades, HVAC systems, and refrigeration units. In addition to these incentives, BC Hydro also offers free consultations with energy efficiency experts who perform in-person assessments of businesses, providing suggestions on how companies can be more energy efficient and ultimately save more money on their electricity bills. The program presents significant growth opportunities to reach more of the many eligible businesses across the province.
The BESI program has achieved notable success with lighting upgrades, which businesses have readily adopted as an accessible and cost-effective energy-saving solution. With BC Hydro's guidance, many businesses have already transitioned to energy-efficient LED technology. This widespread adoption of best practices in lighting creates an opportunity to expand the program's focus to additional energy-saving technologies and services.
Demonstrating forward-thinking leadership in addressing increasing demands on the energy grid, BC Hydro is proactively exploring program expansions to include emerging technologies, refining incentive structures, and enhancing service offerings to encourage broader adoption of energy-efficient practices across the business community.