The Federal Government has announced that from today, small businesses across Australia can apply for a share in $9 million of grants under the Government’s Energy Efficient Communities Program.
Up to $20,000 will be available to small businesses with an annual turnover of less than $10 million to upgrade equipment to reduce energy consumption, invest in monitoring systems to better manage energy use and conduct energy audits to investigate other opportunities for efficiency.
Minister for Energy and Emissions Reduction Angus Taylor said the grants will help small businesses reduce their power bills, which will ease financial pressure during these tough economic times.
“As small businesses come out of COVID-19 hibernation, we want to help them lower their power bills so they can spend money on more important aspects of their business, or expand and employ more people,” Minister Taylor said.
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“These grants build on other Government policies like retail price caps that are already delivering lower energy costs for small business owners.”
Minister for Employment, Skills, Small and Family Business Michaelia Cash said small businesses are key to getting the economy back on track as Australia responds to the impact of COVID-19.
“Australia’s 3.5 million small businesses are the lifeblood of our communities and the backbone of the Australian economy. Providing support to unlock energy savings in their operations will only add to the resilience of these businesses,” Minister Cash said.
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To ensure an equitable distribution of funding across Australia, up to three grants per electorate will be awarded to eligible small businesses.
The Energy Efficient Communities Program was announced as part of the Government’s Climate Solutions Package in the 2019 Federal Budget.
The program will deliver grants to help businesses and community organisations to improve energy efficiency practices and technologies, and better manage energy consumption to reduce their power bills.