Victorian Agriculture Energy Investment Plan
How it works
The Victorian government has announced the Agriculture Energy Investment Plan open to farmers and businesses whose primary operation is in the agriculture sector.
The Plan provides a total of $30 million to support enhancements to energy efficiency and energy productivity, helping to boost competitiveness and protect local jobs.
Eligible businesses will need an independent on-farm energy assessment and recommendations which will inform the upgrade or new investment. The type of upgrade or new investment can be subsidised by the grant, dependent on the type of business and recommendations from the assessment.
Identification of eligible initiatives is informed by recommendations from the independent on-farm energy assessments. These assessments provide a blueprint for investment opportunities that aim to improve energy efficiency. This could be through purchasing new, more energy efficient equipment such as LED lighting or installing own-generation energy, such as solar panels.
The Plan includes three components to the grants:
- Fast-Track Rebate – grants of up to $20,000 for farm businesses that have received a Type 1 or Type 2 on-farm energy assessment through the Agriculture Energy Investment Plan
- Tier 1 – grants of between $20,000 and $50,000 for equipment upgrades
- Tier 2 – grants of between $50,000 and $250,000 for projects seeking equipment or process improvements in a connected way across farming systems
Learn more about the Agriculture Energy Investment Plan or talk to us today to get started with your energy efficiency upgrade!
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