Sustainability Victoria (SV) has simplified its $6.1 million grants program for businesses seeking to reduce energy costs.
SV provides grants to businesses that spend between $20,000 and $50,000 a year on energy under its Boosting Business Productivity Program.
The good news is that businesses can now get up to $2000 to engage expert advice on reducing energy costs without having to match the state government’s contribution.
The program also offers a $3000 Implementation Bonus when energy efficiency recommendations are introduced.
Sustainability Victoria CEO, Stan Krpan, said making the grants more accessible will help more businesses cut costs and increase energy efficiency.
“Energy efficiency is key to unlocking the productivity of Victorian businesses, and making them more competitive,” Krpan said.
Companies spending more than $50,000 a year are eligible to receive a detailed energy assessment.
For businesses getting detailed energy assessments (co-funded by government up to $15,000), the Implementation Bonus rises from $3000 to $5000 to unlock greater savings.
Krpan said Materials Efficiency Grants of up to $13,000 are also available to help businesses make more efficient use of materials, while Gas Efficiency Grants of up to $50,000 can be used to upgrade equipment to deliver gas savings.
Grants for energy efficiency assessments and upgrades have already been awarded to 70 Victorian businesses ranging from meat processors to wineries and manufacturers of confectionary and chemicals.
Contact Sustainable Business advisors on 1300 363 744.