Compare finance options to reduce energy in your business
A service provider manages the installation of energy efficient equipment for a business. In some cases, they can guarantee savings from the equipment.
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Finance model
Innovative
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Project size
More than $100,000
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Equipment is owned by
You
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Equipment is maintained by
The service provider (for the first 12 months)
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Contract length
- 4–15 year contract
- 3–9 month negotiation period
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Claim Tax
- Equipment depreciation
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Balance sheet
On
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Additional benefits
- Depending on your contract, the service provider could guarantee savings
- The service provider will manage the project
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How to apply
Contact an energy service provider
‘Behind the meter’ is a model of a Power Purchase Agreement where an energy provider installs renewable energy equipment on your business’ site. You then pay a predetermined rate of electricity over time.
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Finance model
Innovative
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Project size
More than $7500
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Equipment is owned by
The energy provider
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Equipment is maintained by
The energy provider
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Contract length
- 10–30 year contract
- 3–9 month agreement period
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Claim Tax
No
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Balance sheet
Off
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Additional benefits
You may have the option to buy the equipment at the end of the contract
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How to apply
Contact your energy provider
A financier lends money to your business to buy energy efficiency equipment. You pay it back over time through council rates.
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Finance model
Innovative
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Project size
More than $15,000
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Equipment is owned by
You
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Equipment is maintained by
You
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Contract length
- 4–20-year contract
- 1 month agreement period
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Claim Tax
- Equipment depreciation
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Balance sheet
On
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Additional benefits
- Costs can be shared with tenants
- Finance can be transferred if the property is sold
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How to apply
Contact your local council
A financier buys energy efficiency equipment for your business to hire and use.
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Finance model
Traditional
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Project size
More than $7500
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Equipment is owned by
The financier
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Equipment is maintained by
The financier
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Contract length
- 1–5 year contract
- 1–3 month negotiation period
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Claim Tax
- Lease payments
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Balance sheet
On
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Additional benefits
You can upgrade the equipment once the contract is complete
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How to apply
Contact your bank
A financier buys energy efficiency equipment for your business to hire and use.
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Finance model
Traditional
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Project size
More than $7500
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Equipment is owned by
The financier until you’ve paid off the loan and ownership is transferred to you.
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Equipment is maintained by
You
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Contract length
- 1–5-year contract
- 1–3-month negotiation period
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Claim Tax
- Hire payments
- Equipment depreciation
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Balance sheet
On
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Additional benefits
You can upgrade the equipment once the contract is complete
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How to apply
Contact your bank
A financier loans your business money to buy energy efficiency equipment.
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Finance model
Traditional
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Project size
More than $2000
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Equipment is owned by
You
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Equipment is maintained by
You
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Contract length
- 1–5 year contract
- 1–3 month negotiation period
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Claim Tax
- Loan interest
- Equipment depreciation
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Balance sheet
On
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Additional benefits
You can structure your loan term and repayments to suit your cash flow
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How to apply
Contact your bank
A financier buys energy efficiency equipment for your business and you pay it back over time.
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Finance model
Traditional
-
Project size
More than $7500
-
Equipment is owned by
The financier
-
Equipment is maintained by
You
-
Contract length
- 1–5-year contract
- 1–3-month negotiation period
-
Claim Tax
- Lease payments
- Equipment depreciation
-
Balance sheet
On
-
Additional benefits
- You have the option to extend your lease, buy or return the equipment to the financier at the end of the contract
- You can upgrade the equipment once the contract is complete
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How to apply
Contact your bank
Want more?
We have a team of people ready to guide your business through this process, and help you get started.
sustainablefinance@sustainability.vic.gov.au