New grant to support Singapore businesses cope with rising energy costs


SINGAPORE (The Straits Times/Asia News Network): A new grant that will help local firms reduce their energy bills amid rising electricity costs was announced by the Finance Ministry on Tuesday (June 21).

The new Energy Efficiency Grant will provide local small and medium-sized enterprises (SMEs) in the food services, food manufacturing and retail sectors with up to 70 per cent funding support to adopt energy-efficient equipment in categories that have been pre-approved.

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Singapore , grant , businesses , electricity , power

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