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Are you looking to make your business greener?

Solar panels

Is the cost of environmental projects putting you off greening your business? Consider applying for an Environmental Upgrade Agreement.

Thursday 7 December 2017

Businesses in Mount Alexander Shire now have an extra incentive to reduce carbon emissions and save money thanks to a partnership between Mount Alexander Shire Council and the Sustainable Melbourne Fund.

Commercial property owners can enter into an Environmental Upgrade Agreement (EUA) with the Sustainable Melbourne Fund to access low-interest loans that are paid back through Council rates.

The agreements can fund improvements to energy, water or waste efficiency. They can also fund renewable energy projects such as large solar energy systems on commercial properties.

“This is a great way for Council to help local businesses reduce their environmental impact and save money,” said Ben Bowman, Manager Healthy Environments, Mount Alexander Shire Council.

“Environmental upgrades allow businesses to reduce their operating costs and carbon emissions, while adding value to the commercial property,” said Mr Bowman.

“We encourage local businesses and commercial property owners to consider EUAs as part of their economic and environmental strategies,” he said.

The loan can cover up to 100 percent of project costs at competitive interest rates over a long-term finance period. Ideally this will mean that each project is cash flow positive. The minimum loan amount is $15,000.

The two-year trial is an initiative in Council’s Climate Change Action Plan 2016-2020 as Council works towards its objectives of achieving a clean and green community and creative and innovative economy.

For more information and to register your interest, visit the Business Initiatives section of Council’s website or contact Jay Smith, Climate Change Coordinator, on 5471 1736.

Image: Consider an EUA to add solar panels or water efficiency projects for your business.

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