PowerSmart for Small Business
The Tasmanian Government has launched the PowerSmart for Small Business program, providing grants of up to $1,000 to small businesses for energy efficiency audits. This initiative aims to help Tasmanian small businesses better understand their energy use, identify opportunities to reduce both energy consumption and costs, and implement energy-saving measures.
Through an energy audit, small businesses can pinpoint when and where they use the most energy, allowing them to make informed decisions about the right energy purchasing arrangements and opportunities to reduce energy consumption and lower energy costs.
Depending on the actions arising from the energy audit, further funding assistance under different programs may be available to support energy efficiency investments. For example, the Government's Energy Saver Loan Scheme currently provides interest-free three-year loans to eligible small businesses to invest in certain energy efficiency equipment.
Key benefits of the program include:
- Up to $450,000 in annual funding available for four years, depending on program uptake.
- Grants up to $1,000 to reimburse small businesses for energy audits.
- The flexibility for businesses to choose their own energy auditor – no accredited provider list required.
- The option of having a proposed energy audit scope pre-approved as eligible under the program to provide certainty of support before the audit is undertaken.
- Simple on-line access.
Once the audit is completed, small businesses can submit the audit report and invoice to receive the grant.
Find out more about PowerSmart for Small business