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Government reveals grant for businesses seeking energy efficiency

Adrian Flores
Adrian Flores
10 August 2020 1 minute readShare
energy efficiency

The government has announced $14.8 million of grants for high energy using businesses to look for areas of efficiency that will help lower their power bills.

Under its Energy Efficient Communities Program announced in the 2019 federal budget, businesses across Australia consuming more than 0.05 petajoules of energy annually can apply for the grant.

Grants of up to $25,000 will be available for equipment upgrades that save energy, investment in monitoring systems to better manage energy use, and energy audits and feasibility studies to investigate energy efficiency opportunities.

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Applicants will need to match the grant funding with an equally sized co-contribution.

Minister for Energy and Emissions Reduction Angus Taylor said the program is aimed at helping certain types of businesses and community organisations to improve energy efficiency practices and technologies and better manage energy consumption to reduce their power bills.

 

“Energy is a big part of the operational costs for businesses. Any support the government can give to get those costs down will help businesses to invest, expand and employ more Australians,” Minister Taylor said.

Further information on the Energy Efficient Communities Program is available at energy.gov.au. Grant guidelines and application forms are available at business.gov.au or by telephone on 13 28 46.

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Government reveals grant for businesses seeking energy efficiency
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Adrian Flores
Adrian Flores

Adrian Flores is the deputy editor of MyBusiness. Before that, he was the deputy editor for SMSF Adviser as well as features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at [email protected].

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