$16 Million in manufacturing efficiency funding available
$16 Million in funding for NSW Manufacturers to Save Energy
Applications opened on 22 February for manufacturers to access $16 million in funding as part of the NSW Government Energy Saver program to help them save energy, money and stay competitive globally.
Up to $120,000 per site is available to NSW manufacturers. Businesses that have implemented similar projects have found savings can run to over $100,000 a year, while reducing downtime and maintenance costs.
The funding will help manufacturers to:
• upgrade energy monitoring systems
• replace or retrofit old, inefficient equipment
• install new energy-efficient equipment
• improve manufacturing processes.
The first round of funding is open from 22 February 2019 to 30 June 2019. More information on the program is available at www.energysaver.nsw.gov.au/manufacturing
The Energy Saver program also provides an additional $3.5 million for energy intensive manufacturing businesses to improve the way they manage energy. These manufacturers can receive free energy management system benchmarking to understand their performance against industry standard. Participating businesses can then receive up to $30,000 of support and coaching from industry experts.
Briefing sessions will be held to help businesses understand the funding offers, get tips for a successful application and ask any questions they may have. These will be held across regional and metropolitan NSW in March and April.
Information about the offers or arrangements for an interview, can be made by contacting Colleen Kurdian at 02 8837 6028.
Click here to register for the Wagga Wagga briefing session.