Grants for small and medium businesses aim to improve energy efficiency, save on energy bills and lower emissions.
The Federal Government is offering a second round of Energy Efficiency Grants via a $41 million investment. The second round of funding will bring the program to a total investment of $62m.
Grants between $10,000 and $25,000 can be used to upgrade to more efficient equipment.
This includes replacing air-conditioners with high efficiency units or gas heating boilers with heat pumps, helping SMEs lower power bills and emissions.
The first round of grants awarded $15.5m to 674 businesses for energy savings from upgrades to pool covers, heat pumps, as well as more efficient hot water pumps and compressed air improvements.
Climate Change and Energy Assistant Minister Jenny McAllister says the funding will help improve the bottom line of small businesses and lower emissions.
“Investing in energy efficiency can save on energy costs, taking the pressure off small businesses and allowing them to reinvest savings to their business,” she says.
“We want to help small businesses make every watt count.
“Upgrades to appliances like freezers or air-conditioners not only saves on bills, but also contributes to Australia’s emissions reduction targets.”
Grants for WA businesses open on February 27.
The grants will be allocated to states and territories in proportion to the national distribution of SMEs. They will be awarded on a first come, first served basis until each jurisdiction’s allocation is exhausted.
Looking for more grant opportunities?
CCIWA’s Grant Finder can help you identify which local, State or Federal Government grants best suit your business needs.
