Community Energy Upgrades Fund Round 2

Overview

The Community Energy Upgrades Fund Round 2 will provide matched funding of up to $2.5 million of eligible expenditure for energy efficiency and electrification upgrades for local governments to deliver reduced energy bills and emissions from local government-owned and/or operated facilities. The program will also support the Commonwealth led National Energy Performance Strategy (NEPS). The objectives of the program are to support: the Government’s broader efforts to reduce emissions and improve energy performance, and contribute to Australia meeting its emission reduction targets of 43 percent by 2030, Net-Zero emissions by 2050, and 82% renewable electricity generation by 2030 local governments to decarbonise their operations and reduce energy bills through energy efficiency and load flexibility upgrades, and electrification of their existing facilities the improvement in energy performance necessary to more easily utilise renewable electricity and improve system reliability. The intended outcomes of the program are: reduced energy bills and emissions from local government-owned and/or operated facilities installed energy efficiency, load flexibility and electrification technology that is commercially available improved capability of local governments and the wider community to implement energy upgrades and electrification projects in their existing facilities increased capacity of domestic supply chains and labour force to support significant future investment in energy efficiency upgrades improved workforce skills in delivering and operating energy transition projects. The program will deliver $100 million over 2 funding rounds and will run over 4 years from 2024-2025 to 2027-28.