Loans for commercial and industrial energy customers for energy efficiency initiatives
The Business Energy Efficiency Scheme (BEES) provides interest cost support to Tasmanian commercial and industrial electricity customers to help them invest in energy efficient products, equipment or services and reduce electricity bills.
Support is provided as an interest-rate subsidy on commercial finance: full interest costs on up to $10,000 of a loan for the first three years, and a 5 percentage point interest subsidy for loan amounts over $10,000 and less than $60,000 for the first three years.
The Tasmanian Government will offer support for up to $50,000,000 in value of loans and the scheme will operate for up to three years, dependent on uptake.
To be eligible applicants must:
- be a commercial or industrial energy customer (business or not-for-profit)
- have an active Australian Business Number (ABN)
- take out finance with an Australian Financial Services licensed (AFSL) entity to invest in energy efficient products
- use over 150 MWh of electricity per annum
- operate their business within Tasmania
- and install the energy efficient goods/equipment, or have energy efficiency services delivered, within Tasmania
For a loan to be eligible it must be used to finance an energy efficiency investment – either equipment/goods or services.
Applicants take out a commercial loan with a lender of their choice to undertake an approved energy efficiency investment.
Get a personalised eligibility check — your match score, which criteria you meet, and what to watch out for.
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Last updated: 12 February 2026