Energy grants and funding
Various governments and agencies are offering funding and support for demonstration projects and to assist businesses and other organisations with their decarbonisation journeys.
On this page we will maintain a register of grants and funding opportunities targeted at business and industrial energy users and solution providers.
Grant and funding opportunities currently available:
Advancing Renewables Program
ARENA’s Advancing Renewables Program supports a range of development, demonstration and pre-commercial deployment projects. This includes opportunities to optimise the transition to renewable electricity, commercialise clean hydrogen and support the transition to low emissions metals. Learn more.
Industrial Energy Transformation Studies
The Australian Renewable Energy Agency (ARENA) is offering grants of $100,000 to $500,000 for feasibility studies or $250,000 to $5 million for engineering studies for projects that support reduced energy costs and emissions in the industrial sector. This program is targeting the following sectors: manufacturing, industry, agriculture, mining, water supply, waste services and data centres. Learn more.
Powering the Regions - Safeguard Transformation Stream
The first round of this funding stream will provide grants of $50,000 to $50 million (covering up to 50% of project costs) to trade exposed facilities to reduce their emissions and contribute to meeting Australia’s emissions reduction targets. Learn more.
AUSTRALIAN CAPITAL TERRITORY
Business Energy and Water Program
Small-to-medium business can claim a rebate of up to $5,000 to upgrade to water-efficient and energy-efficient technologies, including appliances, cooling or heating, hot water, insulation, lighting, refrigeration and tapware and toilets. Learn more.
NEW SOUTH WALES
Energy Savings Scheme
NSW businesses can seek support for activities which will help to reduce energy consumption and greenhouse gas emissions. Eligible activities for commercial and industrial sites includes lighting upgrades, air conditioner replacement, installation of air source heat pump water heater systems, replacement of boilers and compressed air system activities. Learn more.
High-emitting industries – Net Zero Industry and Innovation Investment Plan
$305 million in funding is available to help high-emitting industries develop and deploy decarbonisation projects, from feasibility studies through to commissioning. Learn more.
Peak Demand Reduction Scheme
The Peak Demand Reduction Scheme (PDRS) from the NSW Government provides incentives to install more efficient appliances that use less electricity during peak times, such as air conditioners, refrigerated cabinets, heat pump hot water systems and motors for ventilation or refrigeration. Learn more.
Electric Vehicle Fleets Incentive
Round three of the NSW Government's $105 million Electric Vehicle Fleets Incentive with NSW businesses, councils, not-for-profits and hire companies encouraged to take up the incentives to support the purchase of battery electric vehicles (BEVs) or fuel cell electric vehicles (FCEVs), with additional funds available for smart base charging. Learn more.
Smarter Business Solutions
Northern Territory businesses and other eligible organisations can apply for grants to help fund energy advice and audits, renewable energy system installations and the implementation of efficiency measures. Learn more.
Victorian Energy Upgrades program
The Victorian Energy Upgrades (VEU) program gives businesses discounts on a wide range of energy-efficient products that can help cut power bills and reduce greenhouse gas emissions. Products eligible for support include lighting, refrigeration, ventilation and heating and cooling (including heat pumps). Depending on the size of your business and the upgrade/s, you can save between $500 and $74,000 a year on energy costs. Learn more.
FUNDING AND SUPPORT ANNOUCED AND COMING SOON
National - Powering the Regions Industrial Transformation Stream
The $400 million Industrial Transformation Stream of the Powering the Regions Fund will focus on supporting decarbonisation of regional industrial facilities that report under NGER (National Greenhouse and Energy Reporting) in line with Australia’s 2030 targets and in support of reaching net zero by 2050. The Australian Renewable Energy Agency (ARENA) will deliver this funding program, which is expected to launch towards the end of 2023. Learn more.
National - Community Energy Upgrades Fund
This Fund will make $100 million available for the co-funding of projects with local governments to unlock more than $200 million in high-impact energy upgrades for community facilities which could include upgrades like replacing energy-intensive heating in council pools with heat pumps and energy efficient lighting and battery storage at sporting fields, libraries and community centres. Learn more.
National - Hydrogen Headstart
Announced in the 2023 federal budget, the $2 billion Hydrogen Headstart program will deliver a step change in Australia’s renewable hydrogen production by underwriting some of the largest electrolyser deployments in the world. Following consultation, the program is now in the design phase. Learn more.
National - Small Business Energy Incentive
Announced as part of the upcoming federal budget, this bonus tax deduction will provide small- and medium-sized businesses with annual turnover of less than $50 million with an additional 20 per cent deduction on spending that supports electrification and more efficient use of energy. Learn more.
National – Powering Australia Technology Fund
A $500 million fund administered through the Clean Energy Finance Corporation which will help businesses progress innovative projects and technologies to reduce emissions. Learn more.
NSW – Renewable Fuels Scheme
Part of the NSW Hydrogen Strategy, this scheme will incentivise the production of green hydrogen. Set to being in 2024. Learn more.
NSW – Metering and Monitoring Planning Offer and Implementation Grants
Applications for support for NSW businesses to establish comprehensive metering and monitoring plans to enable energy productivity improvements are slated to open in late 2022. Applicants for grants to implement recommended metering and monitoring plans will open in the first half of 2023. Learn more.
TAS - Energy efficiency loan scheme for commercial and industrial businesses
The Tasmanian Government will establish a new $50 million loan scheme for commercial and industrial customers that are, due to their higher energy use, unable to access the existing Energy Saver Loan Scheme. This new scheme will make available no interest loans up to $10,000 to approved eligible businesses, with the option to apply for further low interest loans up to $50,000 for three years. Learn more.
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