Environmental Upgrade Agreements NSW

At a glance

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Provides NSW businesses with access to loans for upgrading commercial buildings and maximising their energy efficiency.

Who can apply:

At a minimum, you must:

  • own the building or have the approval to upgrade the building (the building owner must sign the loan contract)
  • be upgrading a non-strata commercial building.

Other eligibility requirements may apply.

Deadline to apply:

Applications can be made at any time.

Contact information:

(02) 9995 5289

clare.donovan@environment.nsw.gov.au

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Overview

An Environmental Upgrade Agreement (EUA) helps businesses with finance in order to upgrade commercial buildings and maximise a building's energy efficiency.

Under an EUA, a lender provides loans for upgrades to commercial buildings to improve the building's energy efficiency, and the local council will collect the repayments for the loan through the rates system. This provides a more secure loan for lenders, who can then offer them at competitive rates and for longer terms.

Loans of up to 15 years are available for works including those that focus on:

  • energy and water efficiency
  • renewable energy
  • reducing greenhouse gas emissions
  • preventing or reducing pollution
  • reducing the use of materials
  • recovery or recycling of materials
  • monitoring environmental performance
  • encouraging alternatives to car travel, such as walking and cycling.

As the loan is for longer term, the cost savings as a result of the upgrade can be used to repay the loan.

Eligibility criteria

To be eligible, you must:

  • own the building or have the approval to upgrade the building (the building owner must sign the loan contract)
  • be upgrading a non-strata commercial building.

Find out more about the eligibility criteria at Environmental Upgrade Agreements.

How to apply

Find out more about how to apply at Environmental Upgrade Agreements.

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