Up to $50 million in energy saving grants will become available to assist businesses in improving their energy efficiency practices under the Commonwealth’s Energy Efficient Communities programme. The grants seek to remove 3 million tonnes of carbon dioxide which would otherwise have ended up in the atmosphere, and help businesses reduce their power bills.
What is covered by the energy saving grants?
- Equipment upgrades that reduce energy consumption
- Energy generation and storage projects (for example solar photovoltaic panels, batteries and solar hot water) will only be permitted for community organisations
- Investment in energy and emissions monitoring and management systems to better manage energy use
When do applications open?
- Eligible businesses will be able to apply for grants by January 2020
- Eligible community organisations will be able to apply for grants from 1 September 2019
Who can apply for funding?
Energy saving grants will be made available for:
- Small businesses
- Businesses that consume large amounts (over 0.05 petajoules) of energy each year
- Community organisations
Definitions of the businesses that can seek funding will be refined during program design.