The Emissions Reduction Fund: Helping Improve Energy Efficiency
The Emissions Reduction Fund will support Australian businesses and households to take practical, direct action to improve energy efficiency and save money on their electricity bills.
The benefits of lower energy include lower operating costs and improved competitiveness for businesses and lower power bills for households.
Improving energy efficiency in business
The Emissions Reduction Fund will support a wide range of energy efficiency projects in industrial facilities, such as upgrading boilers, improving control systems and processes, installing co‑generation facilities and increasing the efficiency of compressed air systems. These projects will improve business productivity, while also cleaning up the environment.
Similarly, commercial building owners will be able to generate emissions reductions from energy efficiency projects for offices, large shopping centres, hotels and data centres. These projects will allow businesses to reduce their operating costs.
In the agricultural sector, an agricultural processor could receive funding for installing a co-generation plant to capture the heat from one process to drive steam boilers in another, reducing the factory's energy use. This could result in valuable annual energy savings.
Lowering power bills for the community
Community organisations, local councils and households can also benefit from the Emissions Reduction Fund.
Small-scale projects can be aggregated together to participate, which will allow people to reduce their power bills through simple actions like installing energy efficient lighting or buying energy efficient appliances. These actions will provide ongoing reductions in the electricity bills of households.
For instance, Shire Councils could look at aggregating landfill, street lighting, and revegetation projects to generate emissions reductions.
Details about the Emissions Reduction Fund are available at:
Note: While the Commonwealth has made reasonable efforts to ensure the accuracy, correctness or completeness of the material, the Commonwealth does not guarantee, and accepts no liability whatsoever arising from or connected to, the accuracy, reliability, currency or completeness of this material. Any references to the potential costs or benefits of undertaking an activity in accordance with an emissions reduction method are estimates only. This material is not a substitute for independent professional advice and entities should obtain professional advice suitable to their particular circumstances.