Business can cut energy use – and save money – with the CEFC
Small businesses wanting to cut their energy use – and get better control of their costs – can finance their improvements through the Clean Energy Finance Corporation (CEFC).
The CEFC finance can be used for a wide range of activities such as installing solar panels or upgrading to fuel-efficient vehicles. You can also use it to replace air conditioning or refit buildings.
It’s available whether you’re in small business, manufacturing or agriculture, and can also benefit schools, clubs, hospitals and local councils. The CEFC provides finance through its financing partners, which include the Commonwealth Bank and the NAB.
Examples of businesses who have benefited from CEFC finance include:
- A plastics manufacturer, with operations in Victoria and Queensland, halved the energy use of its ovens through a technology upgrade
- A Victorian fresh produce supplier slashed its cool room energy costs by about a quarter through a major refrigeration upgrade
- A New South Wales foam manufacturer more than halved its lighting bills through upgrading with induction lamps.
CEFC CEO Oliver Yates says this kind of finance can really help the bottom line:
“Through our work it’s clear that small businesses can benefit through lower energy costs and wider productivity gains, improve their overall competitiveness and position themselves for continued growth. It’s about helping businesses to make informed choices that can help them to save on their energy costs.”
There’s more information on the CEFC website: www.cleanenergyfinancecorp.com.au
Read the fact sheet on the CEFC’s financing with the NAB: EnergyCut.info/cefc-nab
Read the fact sheet on the CEFC’s financing program with the Commonwealth Bank: EnergyCut.info/cefc-commonwealth