Energy grants and funding
Various governments and agencies are offering funding and support for demonstration projects and to assist businesses and other organisations with their decarbonisation journeys.
On this page we will maintain a register of grants and funding opportunities targeted at business and industrial energy users and solution providers.
Grant and funding opportunities currently available:
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NATIONAL
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National Industrial Transformation Program
The $40 million National Industrial Transformation (NIT) Program, which is aimed at supporting the reduction of scope 1 and scope 2 emissions at existing or planned industrial facilities in Australia. The NIT Program is an update to the former Industrial Energy Transformation Studies Program (IETS) and will more comprehensively support industrial decarbonisation. Unlike the recently announced Industrial Transformation Stream, the NIT program is not restricted to regional locations and offers broader support for industry, including funding for renewables, energy efficiency and electrification. Learn more.
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Powering the Regions - Industrial Transformation Stream
The first round of funding totals $150m and is accepting applications from 30 November 2023 to December 2024 or until funds are exhausted. The funding is for studies, demonstration and deployment projects focussed on regional decarbonisation of industrial process heat and off-road transportation. Learn more.
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Powering the Regions - Safeguard Transformation Stream
The first round of this funding stream will provide grants of $50,000 to $50 million (covering up to 50% of project costs) to trade-exposed facilities to reduce their emissions and contribute to meeting Australia’s emissions reduction targets. Learn more.
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National - Hydrogen Headstart
Announced in the 2023 federal budget, the $2 billion Hydrogen Headstart program will deliver a step change in Australia’s renewable hydrogen production by underwriting some of the largest electrolyser deployments in the world. Following consultation, the program is now in the design phase. Full applications for those who have already submitted EOIs are due 27 June 2024. Learn more.
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AUSTRALIAN CAPITAL TERRITORY
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Business Energy and Water Program
Small-to-medium business can claim a rebate of up to $5,000 to upgrade to water-efficient and energy-efficient technologies, including appliances, cooling or heating, hot water, insulation, lighting, refrigeration and tapware and toilets. Learn more.
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NEW SOUTH WALES
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​​Energy Savings Scheme
NSW businesses can seek support for activities which will help to reduce energy consumption and greenhouse gas emissions. Eligible activities for commercial and industrial sites includes lighting upgrades, air conditioner replacement, installation of air source heat pump water heater systems, replacement of boilers and compressed air system activities. Learn more.
High-emitting industries – Net Zero Industry and Innovation Investment Plan
$305 million in funding is available to help high-emitting industries develop and deploy decarbonisation projects, from feasibility studies through to commissioning. Learn more.
Peak Demand Reduction Scheme
The Peak Demand Reduction Scheme (PDRS) from the NSW Government provides incentives to install more efficient appliances that use less electricity during peak times, such as air conditioners, refrigerated cabinets, heat pump hot water systems and motors for ventilation or refrigeration. Learn more.
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NORTHERN TERRITORY
Smarter Business Solutions
Northern Territory businesses and other eligible organisations can apply for grants to help fund energy advice and audits, renewable energy system installations and the implementation of efficiency measures. Learn more.
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QUEENSLAND
Manufacturing Energy Efficiency Grant
The Manufacturing Energy Efficiency Grant (MEEG) Program is a $7.1 million Queensland Government program helping the manufacturing sector to increase their competitiveness in a low carbon future by implementing energy efficiency measures that reduce energy costs and operational emissions. Queensland-based manufacturers with 5 - 200 FTE staff can apply for grants of up to $50,000. Learn more.
TASMANIA
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Energy efficiency loan scheme for commercial and industrial businesses
The Tasmanian Government has created the Business Energy Efficiency Scheme (BEES) to assist commercial and industrial businesses with the upfront costs of energy efficiency measures. Learn more.
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VICTORIA
Victorian Energy Upgrades program
The Victorian Energy Upgrades (VEU) program gives businesses discounts on a wide range of energy-efficient products that can help cut power bills and reduce greenhouse gas emissions. Products eligible for support include lighting, refrigeration, ventilation and heating and cooling (including heat pumps). Depending on the size of your business and the upgrade/s, you can save between $500 and $74,000 a year on energy costs. Learn more.
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Large energy user electrification support program
The Large Energy User Electrification Support Program provides funding for electrification feasibility assessments for large commercial and industrial business facilities that use between 10 and 100 terajoules of gas per annum. EOIs are now open for suppliers who wish to be listed as approved suppliers of feasibility assessments under the program. EOIs close 5pm, 19 April 2024. Learn more.
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FUNDING AND SUPPORT ANNOUCED AND COMING SOON
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Quad Clean Energy Supply Chain Diversification Program
Australia has committed A$50 million to develop and diversify clean energy supply chains in the Indo-Pacific region, as part of the Quad Clean Energy Supply Chain Diversification Program. Funding grants of A$100,000 to A$2.5 million will be available with total funding of $25 million in this round. Funding is available for research and development projects and feasibility studies targeting solar photovoltaic (PV), hydrogen electrolyser and battery supply chains. Projects must be delivered jointly between Australian organisations and Indo-Pacific organisations. Applications are expected to open in November 2024. Learn more.
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Community Energy Upgrades Fund
Councils can apply for $25,000 to $2.5 million in co-funding grants for high-impact energy upgrades of community facilities which could include upgrades like replacing energy-intensive heating in council pools with heat pumps and energy efficient lighting and battery storage at sporting fields, libraries and community centres. Round 1 applications have closed with Round 2 expected to open in early-2025. Learn more.
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National – Powering Australia Technology Fund
A $500 million fund administered through the Clean Energy Finance Corporation which will help businesses progress innovative projects and technologies to reduce emissions. Learn more.
NSW – Renewable Fuels Scheme
Part of the NSW Hydrogen Strategy, this scheme will incentivise the production of green hydrogen. Set to being in 2024. Learn more.
Anything we've missed? Submissions for inclusion on this page can be sent to a2ep@a2ep.org.au
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