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Energy Efficiency Grants for Tasmanian businesses

Grants of up to $25,000 are now available to Tasmanian businesses to help improve your energy efficiency!

What is the program about? 

This initiative aims to empower Tasmanian businesses with resources to reduce their energy consumption and environmental impact.

By implementing eligible energy-saving measures, you can:

  • decrease your energy bills, and
  • contribute to a greener Tasmania.

Who is eligible to apply?

You may be eligible to apply for round 2 of the Energy Efficiency Grants if you:

  • operate a small or medium sized business in Tasmania with 1-199 employees
  • have be in operation for at least 24 months

What activities are eligible? 

While you cannot use the grant for activities such as purchasing solar panels or replacing broken equipment, here are some eligible options to consider: 

  • Feasibility studies: Unsure where to begin? Engage a Synectic adviser to help you assess the potential of energy-saving investments like equipment upgrades, building improvements, or renewable energy solutions (excluding purchase of equipment). We’ll analyse costs, savings, and return on investment, giving you a clear picture of the benefits. 
  • Equipment upgrades: Replace outdated, inefficient equipment with energy-efficient models, such as lighting systems, refrigeration units, and HVAC systems. 
  • Building improvements: Invest in insulation, ventilation upgrades, and smart building technologies to optimise energy use throughout your facility. 

What next?

Applying for Energy Efficiency Grants for Small & Medium Sized Enterprises Round 2

We’re here to help!

Our team can provide guidance on navigating the application process and exploring suitable energy-saving solutions for your business. Reach out to a Synectic adviser to discuss your specific needs.

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About Synectic Wealth Synectic

Wealth Pty Ltd is the financial services division of the Synectic group of accountants, auditors, business advisers, self-managed super fund (SMSF) specialists, and financial advisers. We are based in Devonport, Launceston and Hobart and provide services across Tasmania.

 

Synectic Wealth Pty Ltd ABN 24 615 317 194

Corporate Authorised Representative No. 1250871 of Alliance Wealth Pty Ltd AFSL 449221 | ABN 93 161 647 007 | Financial Services Guide

Information on this webpage has been prepared on a general advice basis only. We have not considered your objectives, personal or financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision.

Where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should obtain and consider the relevant Product Disclosure Statement and seek the assistance of an authorised financial adviser before making any decision regarding any products or strategies mentioned in this communication.

Self-managed superannuation funds are not cost competitive for lower balance accounts and are not appropriate for all investors due to the time, cost and responsibility involved in managing an SMSF. For these reasons, it is imperative that you seek advice from your financial adviser before making any investment decisions.

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