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Smart Power Building Fund


Successful applicants may also apply for the Smart Power Loan Fund (SPLF) which subsidises bank loan interest for approved energy efficiency enhancement projects. For details, please refer to the
SPLF webpage​​.


HKE Grid img  

Eligibility


Buildings

  • Located within supply territory of HK Electric
  • Not directly owned and operated by the HKSAR Government *

* Hong Kong Housing Authority and Hong Kong Housing Society housing estates are eligible


Energy Efficien​cy ​Enhanc​ement Pr​ojects

Communal building services installations (e.g. lighting, air-conditioning, lift, escalator, electrical installation, etc.) retrofitting, retro-commissioning (RCx) or building-based smart technology projects.



Subsidy

  • Depending on the types and numbers of buildings, the subsidy amount will be determined based on a percentage rate (i.e. subsidy rate) of the actual project cost (including qualified service provider fee) and subject to a cap
  • The subsidy will be disbursed on a reimbursement basis

Subsidy Rates and Caps


Subsidy RateCap# on Cumulative Subsidy within 5 years
Category 1 – Multi-owned residential buildings or composite buildings mainly for residential use
1A Without any ancillary facilities such as swimming pool, car park, clubhouse, etc.
Subsidy Rate:
50%
Cap# on Cumulative Subsidy within 5 years:$500,000
1B Buildings other than Sub-Category 1A buildings
Subsidy Rate:
25%
Cap# on Cumulative Subsidy within 5 years:$250,000
Category 2 – Buildings owned/operated by non-profit-making NGOs for education, community or welfare services; schools and student facilities
2A Whole building
Subsidy Rate:
80%
Cap# on Cumulative Subsidy within 5 years:$500,000
2B Premises (i.e. building units) e.g. sheltered workshops, rehabilitation centre, etc.
Subsidy Rate:
80%
Cap# on Cumulative Subsidy within 5 years:$250,000
Category 3 – Other than Category 1 and Category 2
3A Multi-owned buildings without central air-conditioning facilities
Subsidy Rate:
50%
Cap# on Cumulative Subsidy within 5 years:$500,000
3B  Buildings other than Sub-Category 3A buildings
Subsidy Rate:
25%
Cap# on Cumulative Subsidy within 5 years:$250,000
​​​​3B*Sub-Category 3B buildings with energy efficiency enhancement of an annual saving of 200,000 units of electricity or above     
Subsidy Rate:
50%
Cap# on Cumulative Subsidy within 5 years:​  
$500,000 

# ​This is the highest cap applicable to one block of building. For an application covering multiple blocks, the cap will be lower with more blocks sharing out. For details, please refer to the Guide to Application.

Participating in the Scheme

Submit application form and required documents.
 
 
HK Electric to assess application and carry out pre-project inspection.
 
 
Vetting Committee
to vet and approve
application.
 
 
Award contract and submit report after completion of project.
 
 
HK Electric to carry out post-project inspection, and
disburse subsidy if satisfactory.
 

HK Electric Smart Power Fund Approved Application(s) Result

Approved application(s) result in 2014-2018 via Smart Power Fund, please click here for details.

Enquiry

Hotline:28433228 Hotline 2510 2701 
Email:SPBF@hkelectric.com Email SPBF@hkelectric.com