Business Recovery Energy Efficiency Fund

As part of the Victorian Budget’s $1.6b in clean energy investment, the Victorian State Government has announced $31m to fast track investments in energy efficiency and create jobs.

The Business Recovery Energy Efficiency Fund has two main streams:

Capital Works – $24M available for projects including

  1. Purchase and installation of energy efficiency equipment
  2. Replacement of emissions-intensive equipment with low-emissions alternatives
  3. Purchase of communications and monitoring technology

Energy Demand Management: $7M available for projects including:

  1. Capital investment in technology needed to enable demand response, including communications and control technology
  2. Professional advice to support uptake of demand-side opportunities
  3. Feasibility studies
  4. Energy audits
  5. Cost-benefit analysis
  6. Implementing steps under/or formal accreditation to the ISO 50001 Energy Management Systems framework.

Should your business need any support in assessing eligibility, identifying opportunities for projects, energy auditing, feasibility studies or designs supporting upgrades, please reach out to the expert team at Bridgeford Group.

More information can be found here