Economic Recovery Fund Round 2 - help for power bills

27 Aug 2024

Small businesses can now apply for grants of up to $50,000 to help reduce their energy bills, under Round 2 of the State Government's $154 million 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 8,000 small businesses invest to reduce their energy costs. 

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 and 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.

Businesses can register their interest for round two of the ERF through the Office for Small and Family Business website at Round 2 ERF