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NOW OPEN – ENERGY EFFICIENT GRANTS FOR BUSINESSES
What Is The Grant?
The Energy Efficiency Grants for Small and Medium Enterprises (SME’s) Round 1 will support businesses to upgrade or replace inefficient equipment to improve their energy efficiency.
The objectives of the program are to:
- improve energy efficiency practices and increase the uptake of energy efficient technologies
- assist small and medium businesses to manage their energy usage and costs
- reduce greenhouse gas emissions.
Who is Eligible?
SME’s with an employee headcount from 1-199 employees are eligible to apply.
*Please refer to the attached Guidelines for complete eligible criteria.
What Funding does the Grant Provide?
Grants from $10,000 to $25,000 to cover up to 100% of eligible project expenditure.
How Do I Apply?
Businesses will need to establish an account to access the online portal at business.gov.au.
Application are available through the link below:
https://business.gov.au/grants-and-programs/energy-efficiency-grants-for-small-and-medium-sized-enterprises-round-1#how-to-apply
Applications are limited so we recommend you to apply ASAP.
Frequently Asked Questions
What are the examples of eligible activities and expenditures?
- Replacing non LED Lights with LED lights
- Install automatic lighting control equipment
- Replace an existing refrigerated display cabinet with a new high efficiency unit
- Replace a refrigeration compressor
- Conduct a detailed engineering feasibility study for an energy efficiency upgrade
- Purchase and install equipment to meter, monitor and record energy use (eg smart meters)
Can you do multiple projects? Eg replacing both the LED lights and Heatpump?
- Yes, given the cost is 10k minimum, and you can also satisfy other eligibility criteria.
What if my cost is higher than $25,000?
- You will get maximum of $25,000 if approved. Any amount above $25,000 will not be covered by the Grant.
What if my cost is less than $10,000?
- You need to spend a minimum of $10,000 to be eligible for this grant.
Links and Documents for reference
You can find more information about this Grant at:
https://business.gov.au/grants-and-programs/energy-efficiency-grants-for-small-and-medium-sized-enterprises-round-1#at-a-glance
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Budget 2023-24