Significant cost savings can be realised through businesses pursuing energy efficiency options. Simple changes/upgrades can deliver cost reductions of 30% with paybacks as short as 1 year.
The $20 million Business Energy Savers Program, an initiative under the Affordable Energy Plan, provides free energy audits for agricultural customers and large business customers, and co-contributions to fund energy efficiency upgrades.
The program provides audits for businesses covering a broad range of industry sectors that are vital to our economy, and advice to businesses on how they can reduce their electricity costs by using electricity more efficiently.
It includes a 3 year extension of the existing Energy Savers Plus Program (for agricultural businesses) and the Large Customer Adjustment Program (for large electricity users).
Under the expanded Energy Savers Plus Program, up to 200 additional audits for agricultural customers will be completed. In addition to this, co-contribution grants of up to $20,000 will be made available to assist businesses in implementing the recommendations from the audit.
Under the expanded Large Customer Adjustment Program an additional 30 audits of large customers will be completed and co-contributions capped at up to $250,000 will be made available to help encourage the business to implement the audit recommendations.
The Business Energy Savers Program also provides broader benefits through the development of case studies to assist other businesses wanting to reduce their energy costs by using electricity more efficiently.
More information at: Business Energy Savers Program