There are various business energy grants available to assist businesses with energy funding. Some aim at helping small businesses, while others are for businesses investing in sustainable systems.
Research available business energy grants
If you are considering applying for a business energy grant, make sure you do your research on the various options available.
Government websites can be a good place to start your research, but you may also want to speak with your energy provider about any energy grants that may be applicable for your business.
COVID-19 has had a significant impact on many Australian businesses. This has led to the development of a wide range of energy grants offered to support businesses during this challenging time.
Before looking at energy grants and rebates, it might be worth first conducting an assessment of your business’ energy usage to identify where changes can be made.
Eligibility requirements for business energy grants will differ. The criteria can vary significantly from grant to grant depending on a wide variety of factors including the size of your business, location, revenue and sustainability efforts.
Business energy grants, schemes and rebates will differ across different states and territories. Check your state government website to find out about the grants available in your area.
There are numerous grants available to small businesses from federal, state and local Australian governments. Eligibility requirements for these grants may involve having only a certain number of employees or having your yearly revenue below a certain amount.
The Australian Government offers a variety of grants to help businesses become more sustainable. For example, businesses that install solar panels or invest in energy-saving appliances may be eligible for some renewable energy schemes.
It is essential to keep in mind that some energy grants may have costs involved, and/or require you to invest funds to be eligible, which may not be feasible for your business.
Some business energy grant resources:
- business.gov.au – a variety of federal, state and local grants can be found on the assistance pages.
- small scale renewable energy scheme – a federal program offering incentives for small businesses that invest in renewable energy.
- energy.gov.au – information on various business grants and funding.
- victorianenergysaver.vic.gov.au – grants and support programs to help businesses reduce energy use.
- sa.gov.au – energy efficiency information and programs for businesses.
New Victorian Small Business Solar Rebate
In recognition of the success of the Solar Homes residential program, the Victorian Government will offer a solar rebate and loan scheme for small businesses in Victoria. The aim of the program is to support small businesses in Victoria to lower their energy bills, support job growth and is part of the Victorian Government’s solar strategy.
Go to the Solar Vic website https://www.solar.vic.gov.au/solar-small-business to register your interest in the scheme.
Applying for business grants
As each business energy grant is different, the application process and eligibility criteria may vary.
While the process may seem long and complicated, putting in a strong application may help improve your chances of success.
Once you’ve checked your eligibility, and determined your business meets the criteria, make sure to check for any submission deadlines. Applying for a grant past the due date may result in your application not being processed.
You mustn’t rush the process. Take your time to ensure you submit a quality application. Observe any word limits, and keep it as concise and easy to read as possible.
If applicable, you may want to include invoices and reports that can provide more impact and support. Show how this grant will positively impact your business and why you need it.
For more information on business energy savings, visit our blog on instant asset write-off benefit for solar.