Applications for the $20 million Powering Business Grant open today for eligible businesses and not-for-profits with an Australia-wide grouped payroll of less than $18 million, supporting them to invest in upgrades that lower their energy costs.
Grants of between $2,500 and $75,000 are available with the state government matching business contributions dollar for dollar to support projects under two streams:
- Stream 1 – Solar and battery projects: support for the purchase and installation of batteries and solar systems with accompanying battery storage.
- Stream 2 – Energy efficiency projects: funding for equipment or infrastructure upgrades, such as refrigeration, insulation or lighting improvements that reduce energy use and cost.
Businesses that received a grant under Round 2 of the Business Growth Fund are eligible to apply again for new projects or activities or to expand on previously approved projects.
South Australia Minister for Small and Family Business Andrea Michaels said “We know that power bills are a particular pain point for South Australian businesses and this grant is providing real relief where it is needed with businesses like Kyton’s saving tens of thousands of dollars off their power bill each year as a result.”
“In Round 3, we are extending these grants to medium sized businesses, helping even more SA business owners to take control of their energy costs, invest in upgrades and new technology to reduce costs.”
“I encourage businesses to take advantage of the opportunity to have the State Government match them dollar for dollar in their investment into their business.”
Grants will be open until Friday, 31 October 2025 or until funding is fully allocated.
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