To assist small and medium-size businesses to install energy-efficient equipment, the Queensland Government has released the Business Energy Savings and Transformation (QBEST) Rebate Scheme.

Businesses are required to contribute at least 50% of the purchase and installation costs of the eligible equipment, however the government will contribute at a maximum $12,500 towards the purchase of this equipment.

Eligibility

• Hold an ABN
• Be registered for GST
• Not be a public company
• Have headquarters in Queensland
• Employ at least 2, but no more than 199 full-time employees (inclusive of the business owner)
• Not have received funding for this equipment under a previous round of this scheme or any other government funding.

Eligible equipment

• Be made on or after 5 October 2023
• Has been paid in full and you have a receipt for the purchase, or purchase and installation.
• To qualify for the rebate, your purchase must be from the following list:
  • Energy effect appliances – 4 star energy rating or better:
    • Air conditioner
    • Clothes dryer
    • Closes washer
    • Computer monitor
    • Dishwasher
    • Heat pump hot water system, if the installation is to replace an electric or gas storage hot water system
    • Electric-boosted solar hot water system, if the installation is to replace an electric storage hot water system
    • Refrigerator or freezer
    • Pool pump
    • Television
  • Commercial refrigerator or freezer (eg. walk-in refrigerator, refrigerated display case, refrigerated display case, refrigerated vending machine)
  • An electronically commutated fan motor, if the installation is to replace another type of fan motor
  • LED lighting
  • A motion sensor, light level sensor or timer for lighting appliance
  • A motor classified in the IE3 or IE4 category under IEC standard, if the installation is to replace the EI1 or EI2 category under this standard
  • A variable-speed air compressor
  • A variable-speed chiller, if the installation is to replace a fixed-drive chiller
  • A variable-speed drive unit for a pump or fan.

For further information and if you are interested in applying, please refer to Queensland Business Energy Saving and Transformation Rebates Website.

If you would like further information in relation to the above grant funding program or would like assistance with the application, please contact Naomi Green on 07 4688 8400.