Small business Energy Saver program
The Small Business Energy Saver program provides a bonus incentive to small businesses to upgrade equipment to increase energy efficiency.
The Victorian Energy Upgrades program provides support to medium and large businesses. This program specifically caters for Victorian Energy Upgrades to small businesses.
Small businesses must:
- have 1 to 19 employees
- operate from commercial (non-residential) premises.
The program will provide a bonus to businesses to upgrade equipment on their premises. This is in addition to the existing Victorian Energy Upgrades discounts due to Victorian Energy Efficiency Certificates created.
This program is not available for agricultural primary producers.
Solar for Business
The Solar for Business Program is a new initiative designed to support Victorian small businesses to reduce their energy costs by accessing the benefits of renewable energy.
From May 2021, rebates of up to $3,500 will be available for eligible Victorian small businesses to reduce the up-front cost of installing solar panels.
This initiative will bring down energy bills for small businesses by reducing the upfront cost of the installation of an approved small-scale solar PV system up to 30kW.
To support the economic recovery of Victorian small businesses and the broader solar sector, 15,000 solar PV rebates will be available over the next three years.
From May 2021, rebates will cover up to 50 per cent of the cost of a rooftop solar system with small businesses eligible for a rebate of up to $3,500 to reduce the upfront cost of installing solar on their business premises.
The Solar for Business Program will initially be available to businesses operating in their own premises, before expanding soon after to include businesses that rent their premises.
Ownership of a premises also includes a property which is owned by an associated entity such as a Family Trust, Holding Company or Self Managed Super Fund.
Eligible businesses will be able to apply for a small business rebate of up to $3,500, through the Solar Victoria portal from May 2021.
The rebate is only available for installations that occur following the program formally opening for applications in May. Systems installed prior will not be eligible for a rebate.
Register your interest at https://www.solar.vic.gov.au/site-4/solar-small-business or call the team at Salisbury Accountants in Albury on 02 6041 3014.