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Overview

  • Business
  • Closed

The $31 million Business Recovery Energy Efficiency Fund (BREEF) is now closed. The grant provided funding to improve energy performance for businesses and help cut their energy bills.

Energy efficiency upgrades can support energy users in reducing their energy use and navigate the energy transition. It also supports Victoria's energy emissions targets.

BREEF supported businesses to implement 109 capital works and demand management projects.

Objectives

The objectives of the program were to:

  • increase energy productivity and reduce energy costs for Victoria’s businesses
  • accelerate the uptake of innovative energy efficiency and demand management technologies in the Victorian industrial and commercial sectors and participation in demand-side opportunities
  • create jobs through the implementation of equipment, systems and process upgrades that manage energy costs, supporting new sustainable employment.

Capital Works Grant program

The $24 million BREEF Capital Works Grant program is now closed. The program supported the installation of energy efficiency equipment and technologies by businesses to increase their energy savings and reduce their energy bills.

The Capital Works Grant program provided funding for projects that involved the:

  • purchase and installation of energy efficiency equipment
  • replacement of emissions-intensive equipment with low-emissions alternatives
  • purchase of communications and monitoring technology.

Energy Demand Management Grant program

The $7 million BREEF Energy Demand Management Grant program is now closed. The program supported the installation of energy management systems, energy assessments and implementation of demand management solutions for businesses to increase their energy savings and reduce their energy bills.

The Energy Demand Management Grant program provided funding for projects that involve:

  • capital investment in technology needed to enable demand response, including communications and control technology
  • professional advice to support the uptake of demand-side opportunities
  • feasibility studies
  • energy audits
  • cost-benefit analysis
  • implementing steps under/or formal accreditation to the ISO 50001 Energy Management Systems framework.

Applications

Applications for the BREEF program closed on 31 January 2021.

Program outcomes

As of August 2022, 100 of the 109 BREEF projects had been completed. To see their energy projects delivered, proponents successfully overcome COVID-19-related issues, including equipment shortages, shipping delays, and staff and contractor sickness.

The BREEF team is now working with proponents to ensure project outcomes are monitored and documented.

Based on interim results, BREEF is expected to deliver:

  • 40 GWh/year in immediate electricity savings, with an additional 20 GWh/year possible with further investment.
  • 150 TJ/year in gas immediate gas savings, with an additional 180 TJ/year possible with further investment.
  • immediate greenhouse gas emission reductions equivalent to over 50,000 tonnes of carbon dioxide/year, with an additional 30,000 tonnes/year possible with further investment.
  • $8.7 million/year in savings on energy bills for business, with an additional $6.6 million/year possible with further investment.

Read the outcomes and learnings from selected BREEF projects to guide businesses on energy management:

Funded projects

The 109 successful projects funded by the BREEF program are in the industry sections below: