Are you eligible for a small business energy grant?

South Australian Business News
Jake Spain
Thursday, October 3rd 2024
Small business grants

Small businesses are encouraged to apply for Small Business Energy Efficiency’ grants to help reduce their energy bills, under Round 2 of the State Government’s Economic Recovery Fund (ERF).

The grants will range from $2,500 to a maximum of $50,000, subject to a matching contribution by the applicant, and will help up to 8000 small businesses invest to reduce their energy costs.

Applications close at 5pm on Friday 29 November 2024, unless funding is exhausted prior.

Not sure if you’re eligible or need assistance with your submission, contact our small business energy advisor here.

The grants can be used for investments including:

  • Purchasing and installing power supply and generation equipment (such as batteries and solar panels);
  • Purchasing and installing more energy efficient appliances (above 4‑star rating air conditioners, refrigerators, freezers & dishwashers)
  • Purchasing/​adopting automation technologies that result in greater energy efficiency.
  • Building improvements to ensure more efficient heating and/​or cooling.

There has been a total of $20 million allocated to the second round of the ERF. Grants will be allocated on a first-come, first-served basis until the allocation has been exhausted.

The release of the second round follows the Malinauskas Government recently announcing the successful applicants to the first round of the ERF.

In the first round, the government supported 17 businesses with a total of $26.3 million to 12 manufacturing and 5 tourism businesses, to help them invest in their operations, facilitating almost $220 million in investment overall.

For more information, go to busi​ness​.sa​.gov​.au/​e​n​e​r​g​y​-​g​rants

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