The Agriculture Energy Investment Plan Extension

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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.

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.

As of october 2021, 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.

This extension to the AEIP, doubled the original $30 million investment, bringing the Victorian Government’s total investment in the AEIP to $60 million.

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.

For more information, visit the AEIP page at agriculture.vic.gov.au

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