Home » Low carbon finance to combat rising energy costs

Low carbon finance to combat rising energy costs

Cardinia Shire’s premier health and recreation facility will receive a $739,163 energy efficiency overhaul to help it save on its power use and cut its greenhouse gas emissions.

Cardinia Shire Council has secured a grant for $369,582 from the Australian Government through the Community Energy Efficiency Program (CEEP) and Low Carbon Australia finance of $225,913 to carry out energy efficiency improvements at Cardinia Life in Pakenham, southeast of Melbourne.

Cardinia Shire Mayor Cr Ed Chatwin said the works would include upgrading Cardinia Life’s heating, ventilation and air conditioning, installation of a heat pump to replace its electric hot-water unit, a lighting upgrade and the installation of a microturbine cogeneration unit that would help the facility generate its own power.

“These grants are a key funding source which reduces the need for ratepayers’ money. Also, the operational cost of the facility is reduced, giving another saving to ratepayers,” he said.

Low Carbon Australia’s CEO Meg McDonald congratulated Cardinia Shire Council, for its leadership in energy efficiency, adding that it was one of the first in Australia to receive Low Carbon Australia finance for a cogeneration system in a pool complex.

“The Cardinia Life project is a win-win for the community and the environment with expected annual energy cost savings of over $75,000 as well as significantly reduced carbon emissions”.

“Projects like this don’t just produce one-off benefits for their communities. They continue to keep operating costs down and deliver environmental gains over the life of  the equipment.”

Ms McDonald said Low Carbon Australia had worked with several councils in Victoria and New South Wales, offering finance support towards their bids for CEEP funding.

Low Carbon Australia Limited is an independent company established by the Australian Government in 2010 to deliver innovative programs to help the move towards a low carbon economy.

Low Carbon Australia provides financial solutions to Australian business, government and the wider community to encourage action on energy efficiency, cost-effective carbon reductions, and accreditation for carbon neutral products and organisations.

Since commencing operations, Low Carbon Australia has contracted investments in excess of $35 million, generating a flow of new financing and markets to currently make available more than $115 million in new finance for energy efficiency in the marketplace. Low Carbon Australia has financed a range of individual energy efficiency projects, and significant investment partnerships with National Australia Bank & Eureka Funds Management, Alleasing, Origin, Macquarie Bank, FlexiGroup, Melbourne City Council and City of Sydney. 

Digital Editions


  • In memory of Chris Quilkey

    In memory of Chris Quilkey

    It was with great sadness that we learned that former Blacktown City Deputy Mayor and Councillor Chris Quilkey has passed away. First and foremost, our…

More News

  • Navigating grants

    Navigating grants

    How Administrative Complexity Is Eroding One of Local Government’s Most Powerful Tools Local government grants exist to create impact in communities. Yet across the sector, that purpose is increasingly being…

  • Looking to the future

    Looking to the future

    Flinders Lane will be abuzz for two days this month with Townsville Youth Council – supported by Townsville City Council – set to deliver a free festival focused on the…

  • WA leads the way as people to the regions

    WA leads the way as people to the regions

    Ten million people now call regional Australia home, and Western Australia is leading the way with its regional population growing faster than the cities, according to a deep dive into…

  • Sewer grant sought

    Sewer grant sought

    Fraser Coast Regional Council will seek Queensland Government funding for two major water and sewerage projects with capacity to support more than 11,000 new homes across the region. At its…

  • Mayors call for waste levy

    Mayors call for waste levy

    Mayors across NSW have called for waste levy to soften the blow of fuel price increases. More than 60 Councils from across NSW have issued a call for the NSW…

  • Lismore four years on

    Lismore four years on

    Four years on: How Lismore is building back and setting a national benchmark. When the 2022 flood inundated Lismore, it was not simply another extreme weather event. It became Australia’s…

  • A golden celebration

    A golden celebration

    Cockburn Libraries will mark a major milestone in 2026 – 50 years of serving, supporting and connecting the community. Spearwood Library opened its doors on 23 March 1976 as one…

  • Local Governments vital for fuel supply

    Local Governments vital for fuel supply

    Fuel supply constraints and rising costs are putting councils and communities under increasing pressure across Australia, with implications for essential services and community infrastructure. The Australian Local Government Association is…

  • Nathan Daniell elected Mayor of Adelaide Hills Council

    Nathan Daniell elected Mayor of Adelaide Hills Council

    Adelaide Hills Council is pleased to advise that Nathan Daniell has formally been elected Mayor following confirmation of results from the supplementary election. Mr Daniell has served as a councillor…

  • Community mourns beloved former mayor

    Community mourns beloved former mayor

    The NSW local government sector is deeply saddened by the passing of former Lismore Mayor Jenny Dowell OAM, a widely respected and much-loved leader who dedicated her life to serving…