The Victorian Environmental Upgrade Finance offers a free finance facilitation service to all businesses, property owners, tenants, councils and community groups seeking to invest in energy efficiency upgrades, renewable energy, water and waste efficiency improvements. The program provides households with access to discounted energy and water-efficient products and services through accredited service providers. It includes, hot water systems, Electric boosted solar water heaters, heat pump water heaters, gas boosted solar water heaters and efficient gas boosted water heaters.
Entities can be assisted with Environmental Upgrade Finance (EUF), which is a commercial finance product that enables a financier to lend money to a building owner to purchase energy efficiency and renewable energy equipment. The financier secures the loan through the council’s charge on the land and repayment are made through your council rates. EUF supports projects that result in an environmental saving and can be passed on to tenants via council rates.