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THE NATIONAL ENERGY POLICY OF GRENADA

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THE NATIONAL ENERGY POLICY OF GRENADA ( the-national-energy-policy-grenada )

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GOALS AND POLICIES 3.9 HOTEL AND COMMERCIAL SECTOR The hotel and commercial sectors are vital to the country’s ability to earn foreign exchange. Nonetheless, it is recognised that they both are significant consumers of energy, water and other resources. The GoG aims to ensure that these sectors lead the national thrust for sustainable energy use, green procurement, and protection of natural resources from rapid consumption and depletion. Compliance will be secured through the creation of such incentive and regulatory regimes as may be appropriate for various sectors of the market. Policies: N Recognise and promote the greening efforts of such businesses to make them models of best practice which other local entities can emulate; N Evaluate the mandatory use of solar water heating in all new hotel construction; N Provide incentives for small hotels to become certified by internationally recognized certification standards; and N Conduct inspections to ensure compliance with policy objectives. 3.10 MANUFACTURING SECTOR The GoG recognizes the need and potential of promoting the increased application of energy efficiency and renewable energy technologies in manufacturing activities to trigger development of new and innovative local businesses, create new markets and employment opportunities, and use this as a mechanism towards a more competitive and resilient economy. Policies: N Provide tax incentives for industry to use energy-efficient equipment and processes such as heat recovery; N Provide tax relief for companies meeting the energy efficiency standards set by government; N Give tax rebates for companies which can show “cradle to cradle” manufacturing processes; N Provide incentives to re-use and recycle as an integral part of companies’ operations; and N Support cradle to cradle practices 13 THE NATIONAL ENERGY POLICY OF GRENADA

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