Loans for commercial and industrial energy customers for energy efficiency initiatives

Overview

There are 2 forms of support under the scheme:

• an interest free loan of up to $10,000 over 3 years
• a low interest loan of up to $50,000 over 3 years.

These 2 forms of support can be combined, effectively subsidising a total loan value of up to $60,000.

The scheme works via an interest rate subsidy on commercial finance arranged between the applicant and finance provider.

Check if you can apply

To be eligible, applicants must:

• be registered for tax purposes in Australia with an active Australian business number (ABN)
• use over 150MWh of electricity per annum
• operate their business within Tasmania
• not be trading insolvent, under external administration or bankruptcy.