Applications open for SME energy efficiency grants

Applications opened on Monday for a federal government program offering grants worth $25,000 to small and medium enterprises, assisting them to minimise energy use.

The Energy Efficiency Grants for Small and Medium Sized Enterprises Round 1 assists SMEs “replace or upgrade existing equipment to improve energy efficiency and reduce costs”. It is open to companies with between 1 and 199 employees.

The grants cover as much as 100 per cent of project costs, and applications are open until April 19 or the $16 million allocated to the round is exhausted (whichever comes first.)

Application and other information is available here.

“Businesses could use this funding to replace old lights with LEDs or upgrade commercial refrigeration with energy efficient units in hospitality businesses,” said assistant energy minister Jenny McAllister in a statement.

Picture: credit Advantech