$31 million for large businesses to help manage power costs
The South Australian Government announced last week that it will provide $31 million to assist large energy using businesses in South Australia to manage their electricity costs and contribute energy supply benefits to the state.
The Energy Productivity Program will be available to businesses that use more than 160MWh of electricity each year to incentivise investment in energy productivity measures.
The program has two components:
- Energy Productivity Audit Grant Program – grants of 75 per cent of the cost of a Level 2 energy audit, up to $15,000, to businesses to engage an external energy auditor to identify energy productivity opportunities.
- Energy Productivity Implementation Grant Program – grants to implement the recommendations of the audits conducted through the Energy Productivity Audit Grant Program or the recommendations of a recently completed energy audit with a preference for projects that provide broader market benefits to South Australia.
Applications are now open, with applications assessed as they are received.
For more information, including program guidelines and application forms visit the Department of State Development website.