Victorian Government extends successful Grants and Assessments Program under the Agriculture Energy Investment Plan
The Victorian Government’s Agriculture Energy Investment Plan (AEIP) was extended late last year to help more Victorian farmers improve their energy efficiency and overall productivity. This extension to the AEIP, doubled the original $30 million investment, bringing the Victorian Government’s total investment in the AEIP to $60 million.
Applications for free on-farm energy assessments closed on 15 July 2021. Following an assessment, farmers were able to apply for either;
- up to $20,000 through the Fast Track Rebate to purchase items recommended through their on-farm energy assessment; or
- Tier 1 and Tier 2 grants (worth between $20,000 – $50,000 and $50,000 – $250,000) for larger projects.
Due to funding being fully allocated, the program is closed for new applications.
To date over 1,350 free on-farm energy assessments have been funded under the AEIP, valued at over $12 million and over 550 grants totalling over $30 million have been awarded.
Delivered through Agriculture Victoria, the Victorian Government’s AEIP supports farm businesses to improve energy efficiency, manage energy costs, improve energy reliability and support own-generation capacity. The AEIP aims to strengthen the agricultural industry’s resilience to changing energy conditions and prices by identifying opportunities to improve production practices, providing investment support, facilitating efforts to build industry skills and keeping abreast of new technologies and systems.
For more information about the AEIP, visit the Agriculture Victoria website
