A18Support business to access finance mechanisms e.g., EUF loans for business and Energy Performance Contracts

Progress

Not started
Planning
Implementation
Continuous

On time

Local businesses are benefiting from government rebates and loans. With Council support, businesses have also completed projects that will be eligible for the temporary full expensing tax incentive.

Council promotes Environmental Upgrade Finance (EUF) and provides advice on Victorian Energy Efficiency Certificates (VEECs) and Federal Government carbon credit units (ACCUs) for energy efficiency projects.

Council also helps businesses utilise other government incentives (ATO Temporary full expensing) and Solar Victoria rebates. Tax incentives and VEECS typically reduce the simple payback period by 40% (from 5 to 3 yrs).

At least five Kingston businesses have accessed the $3,500 rebate and $5,000 interest free loan from Solar Victoria.

Timeline

01/01/2022 → Continuous → 30/06/2030

Department

City Economy & Innovation
E-mail: info@kingston.vic.gov.au

Aim

Sustainable Development Goals

Contact persons

Anthony Thyriar
Zero Emissions Business Project Lead
Kingston City Council

Information updated 26.08.2025

A18Support business to access finance mechanisms e.g., EUF loans for business and Energy Performance Contracts

Progress

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Priority (high, medium, low)

Timeline

Department

Aim

Sustainable Development Goals

Contact persons

Progress

Description

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Priority (high, medium, low)Definition

Summary and contacts

Timeline

Department

Aim

Sustainable Development GoalsDefinition

Contact persons

Priority (high, medium, low)

Sustainable Development Goals