Tax Incentives & Funding Assistance

With effect from 1 January 2018, new or existing buildings/premises that have achieved Final Bronze rating (or Satisfactory grade in the case of EB Selective Scheme – Energy Use) or above under BEAM Plus NB, EB or BI are eligible to register under the Electrical and Mechanical Services Department’s Energy Efficiency Registration Scheme for Buildings (HKEERSB). Capital expenditure incurred in the installation/construction of energy efficient building installations registered under HKEERSB is eligible for accelerated deduction under profits tax.

(1) In the case of CLP Eco Building Fund, registration with Comprehensive Scheme or Energy Use (EU) Aspect of Selective Scheme under BEAM Plus EB V2.0 is included as one of the criteria where priority will be given by CLP when assessing the fund application. In this case, an applicant has to submit to CLP the Acknowledgement Letter of BEAM Plus EB registration issued by the HKGBC as evidence.

For details of the CLP Eco Building Fund, please visit https://www.clp.com.hk/en/business/low-carbon-solutions/funds-and-subsidies/eco-building-fund

(2) In the case of HK Electric Smart Power Fund, if an applicant is registered with Comprehensive Scheme or Energy Use (EU) Aspect of Selective Scheme under BEAM Plus EB V2.0 and if the applicant intends to apply for the Smart Power Fund, the HKGBC, upon receiving the request from the applicant, may refer the case to HK Electric by issuing it with a referral letter. According to the vetting criteria of the Fund, referral from NGO / green group is one of the situations where priority will be given by HK Electric when assessing the fund application.

For details of the HK Electric Smart Power Fund, please visit https://www.hkelectric.com/en/smart-power/energy-management/building-fund

Water Supplies Department (WSD) has been running the 'Let’s Save 10L Water' Campaign since March 2014. The campaign encourages the public to sign an online commitment certificate to pledge their support for using water wisely and saving 10 litres of water per day. Each participating household will receive a pair of complimentary flow controllers for taps to help conserve water. BEAM Plus EB applicants are encouraged to arrange for the owners or the incorporated owners of the building for which they apply for accreditation to BEAM Plus EB V2.0 to participate in the 'Let’s Save 10L Water' Campaign.