Funding
Rebates and Funding
There are currently several funding opportunities through the NSW State Government and Australian Federal Government to assist and encourage sustainable use of energy.
Below is an introduction to the main schemes.
Homeowners should also visit http://www.livinggreener.gov.au/rebates-assistance to see all rebates currently available.
Small Scale Technology Certificates (STCs) and Solar Credits
The Federal Government program benefits installations of small scale solar, wind or hydro and solar hot water or heat pump hot water systems.
Blue Green Engineering can claim STCs and Solar Credits on your behalf and will include the value of these in any price estimates prepared for you. Under this arrangement, this benefit is paid as an upfront lump sum, taken off the cost of the system.
The amount you can receive depends on the value and the number of certificates. The value of the certificate fluctuates with demand in the market, and the price can vary from day to day. The number of certificates you receive will depend on the type system installed, where it is installed and the current multipliers in effect (or Solar Credits).
Visit http://www.orer.gov.au/sgu/index.html for more details.
Solar Hot Water Rebate
As part of the NSW Renewable Energy Bonus Scheme, eligible households can claim a rebate of $1,000 for a solar hot water system or $600 for a heat pump hot water system.
Blue Green Engineering can help you apply for this rebate, but cannot claim it on your behalf. This rebate is directly deposited into a nominated bank account after the installation is complete. To be eligible for a rebate, you must be replacing an existing electric storage hot water system. Homeowners, renters and landlords are eligible for the rebate. If you are renting, you will need your landlord’s permission before some of the items are installed. A number of other conditions apply. Visit the Renewable Energy Bonus Scheme to check your eligibility and find out more: http://www.climatechange.gov.au/government/programs-and-rebates/solar-hot-water.aspx
Energy Efficiency for Small Business Program (EESBP)
The NSW Office of Environment and Heritage has established the EESBP to help small businesses save money through reduced electricity use[1]. It offers up-front rebates of up to $5000[2] towards upgrading equipment such as lighting, air conditioning, hot water, insulation or commercial refrigeration. You will only have to contribute half the cost towards your energy efficiency improvements.
More than 6,000 NSW small businesses have already registered for the Energy Efficiency for Small Business program. On average, businesses have identified electricity savings of $1,400 and 10 tonnes of carbon pollution a year.
The program offers:
- a subsidised energy assessment and tailored energy action plan
- 50% off costs – up to $5,000 for businesses using $5,000-$20,000 a year in electricity and up to $2,000 for businesses using less than $5,000 a year in electricity.
- Up to 4 hours’ worth of coordination assistance by an assessor to install energy saving improvements, at no cost to the business.
- Businesses pay only $75 or $150 (depending on electricity use) to the assessor at the time of the assessment or when they receive their Energy Action Plan.
To apply for a subsidy or request support for the installation of energy efficiency installations, contact a Blue Green Engineering assessor today on: 1300 441 542.
For more on the Energy Efficiency for Small Businesses Program, go to the OEH website: http://www.environment.nsw.gov.au/sustainbus/smallbusenergy.htm
[1] Businesses that use up to approximately $20,000 in electricity a year, or that have up to about 10 full-time employees
[2] Up to $5,000 for businesses using $5,000-$20,000 a year in electricity and up to $2,000 for businesses using less than $5,000 a year in electricity
