Queensland Business Energy Saving and Transformation Program
The $16 million Queensland Business Energy Saving and Transformation (QBEST) program will target the state’s more than 450,000 small-to-medium businesses, helping them to save money off power bills.
Eligible businesses will be able to claim up to $12,500 cash back, and must spend a minimum of $8000 (GST exclusive) to receive the minimum rebate of $4000.
Energy-efficient equipment eligible for the rebate includes:
Eligible consumer appliances – 4-star energy rating or better
Energy efficient commercial refrigerator or freezer (e.g. walk-in refrigerator, refrigerated display case, refrigerated vending machine)
An electronically commutated fan motor if the installation is to replace another type of fan motor
The Queensland Government will rebate businesses up to 50 percent of the cost of installing new energy efficient equipment.