Funding support for your farm
The cost of upgrading to energy-efficient systems is a common challenge across the agriculture sector, however, there are a number of options available to help offset these costs. We have outlined some of the available options below.
Ergon Solar Pump Program
The Solar Pump Program is helping eligible farmers and station owners across Queensland to meet the costs of purchasing a solar pump as an alternative to their existing electricity grid supply.
Queensland Business Energy Saving and Transformation Rebates
The Queensland Business Energy Saving and Transformation (QBEST) Rebates scheme provides rebates to eligible small and medium-sized Queensland businesses to install energy-efficient equipment. 50% of the purchase and installation costs (GST exclusive)
Small Business Instant Asset Write Off.
The Australian Government offers an additional 20% instant asset write off for small businesses investing in energy efficient technologies.
QRIDA Sustainability Loans
The Queensland Rural and Industry Development Authority (QRIDA) stands out with its Sustainability Loan, a fee-free, low-interest initiative designed explicitly for primary producers. This loan is tailored to enhance productivity, fortify irrigation systems, prepare for natural disasters, and invest in capital equipment that addresses environmental and climatic challenges.
Grants Finder Website
The Queensland and Commonwealth Governments periodically roll out grants that focus on energy efficiency and broader sustainability goals. It's crucial for businesses to remain vigilant and regularly check the Queensland Government's Grants Finder and the Australian Government's Grants and Programs Finder to capitalise on these opportunities.
Australian Government Grants and Programs Finder
If you’re doing business in Australia, this guided search will help you find grants, funding and support programs from across government.
Commercial banks
Ask your bank. The financial sector itself is showing a keen interest in sustainability. Commercial banks, in partnership with the Clean Energy Finance Corporation, have been known to offer attractive equipment finance rates, specifically targeting energy efficiency, decarbonisation, and other sustainability initiatives. Engaging in a dialogue with your bank may unveil financing options.