Boosting Productivity grants are now available to help small and medium sized businesses carry out an energy assessment, and identify and action energy improvements.
Grants are available to businesses with less than 200 full time employees, spending over $20,000 a year on energy bills.
The grant covers 50% of the cost of an energy assessment at two levels:
- A basic energy assessment which provides up to $2000 towards the cost of an assessment. This is recommended for businesses spending between $20,000 and $50,000 on energy per annum
- A detailed energy assessment which provides up to $6000 the assessment. This is recommended for businesses spending more than $50,000 on energy per annum.
A $3000 implementation bonus is available to both grant types to carry out one or more assessment recommendation, which will result in a reduction in energy (GJ) at the business site.
An energy assessment can provide expert and tailored advice on how a business can cut energy costs and unlock a range of co-benefits, such as improved productivity.
Energy assessments at more than 100 sites found there is potential for businesses to save, on average, more than $50,000 per annum on energy bills alone, with an average payback of just over 3 years. When factoring the co-benefits of energy efficiency, the savings can be multiplied and payback times reduced. For manufacturing businesses, even greater savings are possible.
Boosting Productivity is a $3 million Victorian Government grants program comprised of:
- Energy assessment grants for small and medium sized enterprises (SMEs)
- Industry capability grants to help industry associations and business networks develop energy efficiency knowledge and skills (capabilities) in SMEs.
Applications close 28 September 2018, unless funds are fully allocated before this date.
How to apply
Register to be sent the Guidelines and Application Form
Providing your email address will ensure you receive important updates and changes about the fund.
Note, if you would like to receive specific newsletters or information about specific areas of interest, see our subscriptions page.
If you are looking for an energy assessor you can download our guide Finding an Energy Assessor.
Before preparing a scope of works for the energy assessment, energy assessors should read Conducting an Energy Assessment.
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Short Form Funding Agreement Terms and Conditions