How is the ecoABC repayable contribution amount determined?
Repayable contributions will only be provided for up to $25 million or twenty-five percent (25%) of eligible project costs, whichever is less. The contribution will be calculated in terms of an incentive rate in cents per litre (/L) multiplied by the increase in the nameplate capacity of the renewable fuels facility. The incentive rate increases as a function of the level of agricultural producer investment in the project. The incentive rate for facilities with the minimum agricultural producer investment (5% of eligible project costs) is eight cents per litre (8 /L). This rate increases with the level of producer investment up to 20 cents per litre (20 /L) for producer equity participation of 20% or more. The following calculator will automatically calculate your potential ecoABC contribution. Please enter your project’s information in the blue fields. Note: The following calculator is being provided as a guide and may not necessarily reflect the final contribution amount for which ea
