Overview

The Powering Business in Victoria program is part of the Victorian Government’s $1.6 billion investment to accelerate Victoria’s transition to clean energy. It aims to create jobs, lower energy bills and drive down emissions.

The program focuses on supporting commercial and industrial (C&I) businesses as Victoria transitions to clean energy. This includes:

  • attracting and retaining industry and jobs in Victoria by helping deliver more competitive electricity prices
  • facilitating the construction of renewable energy projects to transition Victoria’s C&I electricity users to renewable energy
  • ensuring a continued pipeline of renewable energy projects in Victoria to enable a sustainable renewable energy industry.

Market Facilitation Platform consultation

A six-week consultation, now closed for feedback review, looked at barriers businesses face when entering into Power Purchase Agreements and if a Market Facilitation Platform could address this. The feedback will help us investigate how we can help C&I businesses lower their electricity costs and transition to a clean energy future. To read the consultation paper and find out more, please visit engage.vic.gov.au.

Page last updated: 06/05/22