Exciting News: Federal Government expands Energy Efficiency Grants to Commercial Kitchens!
Great news for small to medium businesses: the federal government has expanded its energy efficiency grants to include commercial kitchen equipment in the latest funding round. With a total of $41.241 million up for grabs, this initiative is a game-changer for businesses looking to cut costs and reduce their carbon footprint.
Eligibility is open to businesses with fewer than 200 employees and over 24 months of operation. Grants ranging from $10,000 to $25,000 are available, offering significant support for those seeking to transition to electric-powered kitchen equipment.
The grants can be used for various purposes, including replacing fossil fuel-powered appliances with electric equivalents, installing power factor correction, voltage optimization, or upgrading electrical infrastructure to facilitate equipment electrification.
It’s crucial to act swiftly as the grants will be distributed on a first-come, first-served basis. Once the funds are exhausted, applications will no longer be accepted. The application process opens on Monday, February 26, 2024, at 12:00 pm AEDT.
We urge interested businesses to seize this opportunity promptly. Contact your BBP program manager today for guidance and support in preparing your grant submission. Don’t miss out on this chance to enhance your business’s sustainability and efficiency!
Act Fast: Grants Won’t Last!