The Government of South Australia’s mid-year Budget Review provides $31 million over two years to help large businesses manage their electricity costs.

The Energy Productivity Program will be available to assist businesses using more than 160 MWh each year to assess and invest in energy-saving measures.

The government will cover 75% of the cost of energy audits for up to 500 businesses. The funding also includes $8.5 million to implement recommendations in at least 110 businesses with $75,000 grants on a one-to-one funding basis.

Funded projects could include the installation of solar systems with battery storage units, Power Factor Correction equipment which can reduce power usage and the replacement of equipment such as pumps, compressors and refrigeration with more energy efficient technologies.

UPDATE 20 December

The Energy Productivity Program has two components:

  • Energy Productivity Audit Grant Program – grants of 75% of the cost of a Level 2 energy audit, up to $15,000, to businesses to engage an external energy auditor to identify energy productivity opportunities.
  • Energy Productivity Implementation Grant Program – grants to implement the recommendations of the audits conducted through the Energy Productivity Audit Grant Program or the recommendations of a recently completed energy audit with a preference for projects that provide broader market benefits to South Australia. 

See the SA Department of State Development website for more information on the program and how to apply.