Background In recent years, there has been a rapidly growing demand for readily accessible substrates for mass production of Black Soldier Fly, Hermetia illucens Linnaeus. Beer production results in various by-products that typically end up in uncontrolled dumpsites constituting pollution problems, which merits urgent attention. The present study investigated whether the 12 formulated diets composed of brewers’ spent grains (BSGs), brewers’ yeast and cane molasses can serve as substrate for H. illucens production. Methods Four different BSGs were selected and formulated into 12 diets, aiming at varying protein and net energy levels. The diets were offered to newly hatched (∼1 h old) H. illucens larvae and the influence on developmental duration, survival, wet weight, pre-oviposition time, fecundity, and longevity were compared. Results Developmental duration of the larvae (16–21 days) and pre-pupae (8–11 days) differed significantly across the different diets. The developmental duration of the pupae (8.7–9.1 days) was not affected by diet. The larval (86–99.2%), pre-pupal (71–95%), and pupal (65–91%) survival rates varied significantly between flies reared on the different diets. The pre-oviposition time was similar for flies provided with water (7–11 days) and 10% sugar solution (8–14 days) or across the different diets. The mean fecundity per female ranged from 324–787 eggs and did not differ between females provided with water or sugar solution. However, the number of eggs laid per female varied significantly across the different diets when provided with water. The longevity of starved H. illucens adults was significantly lower (5 days) compared to those provided with water (11–14 days) or sugar solution (14–15 days). Discussion The implications of these findings as part of a quality control procedure for commercial production of high-quality H. illucens larvae as an alternative protein ingredient in livestock and aquaculture feed are discussed.