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There are a range of finance options that can help pay to upgrade to more energy efficient equipment or install renewable energy.
Often these finance options improve short-term cashflow.
Traditional finance is typically provided by major banks and financiers who offer equipment finance such as loans or leasing agreements.
A financier buys energy efficiency equipment for your business and you pay it back over time.
A financier loans your business money to buy energy efficiency equipment.
A financier buys energy efficiency equipment for your business to hire and use.
Innovative finance often involves a third party but don’t always involve a bank or a financier. This type of financing can be more unique to your business, which often makes it more complex.
A service provider installs energy efficiency equipment for your business and you pay it back over time.
A financier pays for environmental building upgrades. You pay it back over time through council rates.
‘Behind the meter’ is a model of a Power Purchase Agreement where an energy provider installs renewable energy equipment on your business’ site. You then pay a predetermined rate of electricity over time.
We’ve created a tool to take the guess work out of finding the right upgrade opportunities and relevant funding options for your business.
Our tool can:
If you’re looking to invest in energy efficiency or renewable energy, but want some guidance through the finance process, get in touch with us.
We offer a free finance service to all businesses, property owners, councils and community groups in Victoria.
We can guide you:
Get in touch with Sustainability Victoria's finance team who can help you through this process.