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    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.

    By improving energy efficiency, small businesses not only lower their operating costs but also contribute to reducing overall energy demand and emissions in Tasmania.

    PowerSmart for Small Business is now open for applications. Start an application via SmartyGrants.

    Guidelines

    PowerSmart for Small business is open to all Tasmanian-based small businesses that meet the following eligibility criteria.

    To be eligible to access the program, applicants will need to meet all of the following requirements:

    1. Have an Australian Business Number (ABN)
    2. Have between 1 and 19 full time equivalent employees (FTEs)
    3. Operate primarily within Tasmania
    4. Have paid for, and received, and independent energy efficiency audit in line with the PowerSmart for Small Business program guidelines (DOCX 858.0 KB) (PDF 324.7 KB) after 11 April 2024.

    Grants will be paid to eligible small businesses that have paid for an energy audit that meets the requirements set out in the program guidelines.

    1. Read the PowerSmart for Small Business program guidelines (DOCX 858.0 KB) (PDF 324.7 KB) carefully to make sure that your small business is eligible
    2. Apply here via SmartyGrants if you have already paid for an eligible energy audit, or
    3. Get a quote from an energy audit provider and submit via SmartyGrants, then complete the audit process.

    For more information about the program call 1800 062 864 or email powersmart@recfit.tas.gov.au