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:
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NATIONAL
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Australian Industry Renewable Heat Accelerator
Australian industrial business can now apply for grants of $20,000 from the Australian Industry Renewable Heat Accelerator which has been established to support Australian industry’s shift from gas to renewable energy process heat. Learn more.
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Powering the Regions - Industrial Transformation Stream
The first round of funding totals $150m and is accepting applications from 30 November 2023 to December 2024 or until funds are exhausted. The funding is for studies, demonstration and deployment projects focussed on regional decarbonisation of industrial process heat and off-road transportation. Learn more.
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​​AUSTRALIAN CAPITAL TERRITORY
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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.
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NEW SOUTH WALES
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Heat Pump Feasibility Grant program
NSW businesses can now apply for up to $30k to conduct heat pump feasibility studies. The funding is to cover up to 75% of project costs and will assist businesses to conduct an initial barriers assessment, and then to proceed with a full feasibility study if these barriers can be overcome. Applications are now open and will be assess as they are received, closing at 5 pm on Monday, 13 October 2025, or earlier if funding is exhausted. Learn more.
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​​​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.​​
TASMANIA
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Energy efficiency loan scheme for commercial and industrial businesses
The Tasmanian Government has created the Business Energy Efficiency Scheme (BEES) to assist commercial and industrial businesses with the upfront costs of energy efficiency measures. Learn more.
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VICTORIA
Victorian Energy Innovation Fund
$10 million in grants will be available for the food and beverage processing and manufacturing sector to upgrade to efficient electric alternatives as part of the Round 3 of the Energy Innovation Fund. Learn more.
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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.
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FUNDING AND SUPPORT COMING SOON OR PAUSED
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Quad Clean Energy Supply Chain Diversification Program
Australia has committed A$50 million to develop and diversify clean energy supply chains in the Indo-Pacific region, as part of the Quad Clean Energy Supply Chain Diversification Program. A second round of applications is expected to open in the second half of 2025. Learn more.
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National - National Industrial Transformation Program
The $40 million National Industrial Transformation (NIT) Program, which is aimed at supporting the reduction of scope 1 and scope 2 emissions at existing or planned industrial facilities in Australia. Applications currently closed. Learn more.
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​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.
Anything we've missed? Submissions for inclusion on this page can be sent to a2ep@a2ep.org.au
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