Up to $120,000 per site is available to manufacturers as part of the NSW government Energy Saver program to help them save energy, money and stay competitive globally.
In February, applications opened for manufacturers to access $16 million in funding.
Businesses that have implemented similar projects have found savings can run to more than $100,000 per annum 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 Energy Saver program also provides an additional $3.5m 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 standards.
Participating business can 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 an questions they may have.
These will be held across regional and metropolitan NSW in March and April.