The Australian government has introduced a $314 million (US$208 million) package to encourage small and medium-sized enterprises to electrify their businesses.
The government said the Small Business Energy Incentive scheme, which will be featured in the May 9 federal budget, would help Australian businesses “save energy and save on their energy bills.”
Up to 3.8 million Australian enterprises could be eligible for the new support.
Treasurer Jim Chalmers said small business would be one of the priorities of the upcoming budget.
“This incentive is all about helping small businesses save energy and save on their energy bills, support that comes on top of the direct energy bill relief for small businesses that will be a centrepiece of the budget,” he said….