NSW Treasury Loan Fund
The NSW Treasury Loan Fund (TLF) provides up to $40 million annually in low interest CAPEX funding to enable NSW Government budget-dependent agencies to implement energy and/or water efficiency upgrade projects.
This low-interest loan program is administered by the Office of Environment and Heritage (OEH) on behalf of NSW Treasury. It helps agencies implement projects that reduce water and/or energy usage and related greenhouse gas emissions. As a result significant savings on utility bills are realised which, in most cases, will cover loan repayment amount making the projects effectively self funding. Investing in efficiency projects will also help agencies contribute towards meeting NSW Government goals and demonstrate their agency's commitment to fiscal responsibility.
The upgrades will enable agencies to avoid the worst effects of future utility price rises, and once the loan is repaid, agencies enjoy the full benefits of the savings realised from their bills.
How to access the NSW Treasury Loan Fund (TLF)
For upgrades which agencies have the capacity to implement themselves, finance between $10,000 and $500,000 (or $1 million for NSW Health Projects) is provided under the Sustainable Government Investment Program (SGIP).
For larger projects, finance is delivered through performance contracts.
Who can apply?
The funding is available to all NSW budget-dependent Government agencies. A list of budget dependent agencies can be found on the NSW Treasury website within the 2010/11 budget papers; an updated list was unfortunately not included in the recently released 2011/12 budget papers. If, through the recent restructure, there is any uncertainty as to whether your agency is budget dependant for the purposes of the TLF, please contact us on the details below.
The NSW Treasury Loan Fund was established in 1998 and since then more than $51.6 million has been invested in 44 projects to improve water and/or energy and related greenhouse gas emissions efficiency.
They include 20 Performance Contract projects, totalling $45.9 million, and 24 SGIP projects totalling $5.7 million. These projects are now saving $7.3 million a year in operational costs and 48,000 tonnes of greenhouse gas emissions.
More information
Find out more information about successful Treasury Loan Fund projects in the Sustainable Government e-Newsletter. Send an email to government@environment.nsw.gov.au to join the mailing list.
Page last updated: 28 November 2011
