Carbon Neutral Government Fund

To help agencies invest in projects that reduce their greenhouse gas emissions, the ACT Government established a zero-interest Carbon Neutral Government Fund in 2010. Savings made from efficiency upgrades help recipients repay the Fund over an agreed timeframe. For example, a loan for a lighting upgrade project might be repaid in full from energy savings within 3 years.

Benefits

To date, the Fund has financed 26 projects. When completed, these projects will:

  • save more than 9,000t of greenhouse gas emissions per year—equivalent to taking 1700 cars off the road each year
  • reduce government’s impact on the environment
  • save around $2 million per year in reduced government energy bills.

Snapshot of supported projects

Examples of current projects being supported by the Fund.

Organisation

Project details

Loan amount

Loan period (years)

Canberra Institute of Technology

Installation of solar hot water systems at Bruce Campus to achieve a 10% electricity reduction across the campus and support the intention to move to 100% solar powered hot water on campus.

$93,000

3

Chief Minister, Treasury and Economic Development Directorate

Upgraded to a low carbon heating ventilation and cooling system at North Building, Civic, transitioning the site from gas to electricity.

$650,000

8

Install a 27 kW capacity solar PV system and 76 kW battery storage to power depot operations at the National Arboretum.

$283,330

8

Energy efficient lighting, controls and mechanical upgrades in 15 community facilities including community hubs, halls and youth centres.

$843,513

4

Education Directorate

Installation of energy efficient sensor technology and LED lighting to optimise the use of natural light at the Hawker primary school.

$22,220

6

Environment, Planning and Sustainable Development Directorate

Conversion of existing lighting in Dame Pattie Menzies House to energy efficient LED lighting to reduce by 30% the electricity use at this site.

$178,000

4

Health Directorate

LED lighting upgrade and 500kW solar PV system at The Canberra Hospital.

$3,318,978

8

Transport Canberra and City Services Directorate

Heating ventilation and cooling system upgrades at ACT Libraries.

$20,000

3

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