Download Power NI Variable Speed Drive Grant Terms and Conditions The

Power NI Variable Speed Drive Grant Terms and Conditions
The following conditions will be applied to applications for the Power NI Variable Speed Drive grant:
General:
 A grant of minimum 20% up to a maximum of £10,000 or 35% (whichever is lesser) is available towards
the total project cost .
 The grant must be used to support the capital costs of installing a Variable Speed Drive. As a general rule
this only includes the equipment itself.
 Scheme must be located in Northern Ireland.
 The application form must be completed in full and submitted along with a copy of the equipment
quotation.
 You must be in receipt of a grant letter from Power NI before proceeding with any work. Power NI will not
provide a grant for those who have proceeded with the work without having applied to Power NI and
received a grant offer letter. There will be no exceptions to this requirement.
 Only one application will be permitted per commercial building.
 By signing the application form you agree to the grant terms and conditions.
 It is your responsibility to inform Power NI of any changes to your installation because it may impact your
entitlement to receive a grant.
 If you require an extension to your grant offer then you must inform Power NI as soon as possible to that a
revised grant can be issued.
 Funding is available on a first come, first served basis or until the 30 September 2016.
 Power NI reserves the right to refuse applications.
Quality Monitoring:
Pre installation monitoring
 You will be required to complete and provide a one week typical monitoring report of electrical
consumption and outputs of the current system, before the VSD installation.
Post installation monitoring
 Once the VSD is installed, a following one week monitoring needs to be carried out detailing the electrical
consumption and output of the system and a report compiled.
 Both reports must be submitted along with a grant claim form before any grant payment will be made.
 Monitoring costs will not be covered by this funding and must be included within the cost of the project.
 Applicants must allow access to the VSD installation for inspection purposes by Power NI (or other
appointed by Power NI) if required. A sample of installation checks will be carried out.
Power NI Variable Speed Drive Grant Terms and Conditions
Grant Claim:
 Grants must be claimed within 3 months of a grant offer being made by Power NI.
 Payment of the grant will only be made on receipt of:
o Pre installation report
o Post installation report
o Completed grant claim form
o Copy of stamped paid invoice
 Failure to provide all of these will result in a grant payment not being made.