Grants to help NSW businesses reduce emissions

The NSW Government has announced $4.5 million worth of grants to save businesses money, improve energy performance and reduce emissions long term.

The three grants encourage medium-to-large organisations to invest in metering and monitoring solutions which can better track energy usage. Data from these systems can be used to enhance and report on energy performance, helping business owners save up to 15% on their energy bills.

“These funding opportunities are a win-win for businesses, cutting their energy costs while bringing down emissions through metering upgrades and expert support,” said Rana Juppin, NSW DCCEEW Director Business and Industry Decarbonisation.

“Any business spending $200,000 or more on energy annually should explore which of these three grants best suits their needs.”

Designed to suit enterprises, the grants include:

• Submetering Grant (round 2): helps businesses install permanent submeters, including hardware and software integration. It can provide up to half the project costs, capped at $20,000.
• Metering Plan Implementation Grant (round 2): offers businesses $20,001–$100,000, covering up to half the project costs, for comprehensive metering and monitoring upgrades, informed by eligible metering and monitoring plans.
• Energy Performance Services Grant: focusing more on services rather than hardware, this grant provides up to $50,000, covering up to half the project costs, for planning, access to energy monitoring and analytics software, data integration and expert guidance.
   

Since 2022, the Submetering Grants have awarded almost $950,000 in grant funding to 60 projects.

Separately, 23 projects have been implemented under the Metering Plan Implementation Grants, with $1.3 million in funding awarded. These grants have supported sectors including manufacturing, hospitality, retail, health care, education and sports facilities.

“With $4.5 million available for metering grants, we’re encouraging businesses to take advantage of this opportunity and be part of NSW’s clean energy transition,” Juppin said.

Businesses can learn more and apply for the grants at the NSW Government website.

Image caption: Meter installation. Credit: Quentin Jones, NSW DCCEEW.