NSW government offers grants up to $20,000 for submeters

NSW companies have been invited to apply for up to $20,000 support to help install submeters to measure and manage energy use by site equipment.

Applications to the state government-run program are open until December 2 or until $1.5 million in grants have been awarded (whichever comes first.) 

Companies must spend a minimum of $200,000 per year on energy bills to be eligible. Grant funding can cover up to 50 per cent of project costs, with one grant available per site.

Director of Program and Market Development, Steve Procter, said in a statement on Thursday: “Metering is a critical first step in energy management because a lack of metering, monitoring and energy management capabilities stops business starting energy efficiency projects.”

“Metering helps cut energy use, particularly at peak times, manages energy costs and detects faults and equipment failures.”

More information is available at this link.

Image credit: www.yurika.com.au