- Total funding pool: $15m
- Funding per battery: $400,000 (co-contribution required, differs depending on stream)
- Timing: Round 2 applications open now, close 29 October 2024
Stream 1: Delivering network & community benefits
Projects must implement at least one neighbourhood battery, prove quantified benefits for both the electricity network and local community, and provide at least a 30 per cent cash contribution.
Funding (of up to $400,000 per battery) will be provided for projects that:
- put in place one or more neighbourhood batteries (including installation and commissioning)
- prove quantified benefits for both the electricity network and local community
- include at least a 30 per cent cash co-contribution of the requested grant amount
- each battery must be a chemical battery of a minimum size 20kW/40kWh and maximum 5MW/20MWh
- will complete the project delivery by 31 August 2026.
Stream 2: Delivering community benefits
Projects must implement at least one neighbourhood battery, prove quantified benefits for the local community, and provide at least a 10 per cent cash contribution
Funding (of up to $400,000 per battery) will be provided for projects that:
- put in place one or more neighbourhood batteries (including installation and commissioning)
- prove quantified benefits for the local community
- include at least a 10 per cent cash co-contribution of the requested grant amount
- each battery must be a chemical battery of a minimum size 20kW/40kWh and maximum 5MW/20MWh
- will complete project delivery by 31 August 2026.
Stream 3: Delivering energy resilience
Projects must implement at least one energy back-up system that will be capable of continuing to supply power to a publicly accessible building during grid outages, prove quantified benefits for the local community, and provide at least 5 per cent cash contribution.
Funding (of up to $400,000 per back-up system) will be provided for projects that:
- implement one or more energy back-up system/s that will be capable of continuing to supply power to one or more publicly accessible building/s during grid outages. Each energy back-up system must include a neighbourhood battery and may also include installation of any or all of the following: solar photovoltaics (PV), generator and management systems.
- prove quantified benefits for the local community
- include a cash co-contribution of at least 5 per cent of the requested grant amount
- each battery must be a chemical battery of a minimum size 20kW/40kWh and maximum 5MW/20MWh
- will complete project delivery by 31 August 2026.
Eligibility
The following organisations can apply for funding:
- public entities
- private sector businesses and agencies
- educational institutions
- local government authorities
- co-operatives
- not for profit organisations.
- Important: to be eligible for funding applicants must be:
- an incorporated body, co-operative or association (including business associations), and
- financially solvent.
Applicants must have
- have an Australian Business Number (ABN) and be registered for GST.
- be able to show at least 3 years’ operating history.
- be able to provide 3 years of financial reports.
Note that each funding stream has additional priorities, including the target communities, the novelty of the battery operations and/or commercial model proposed, and the battery location within one of 29 Victorian Government prioritised LGAs.
More information: https://www.energy.vic.gov.au/grants/neighbourhood-batteries/100-neighbourhood-batteries-program-grants