Sustainable Government Investment Program
The Sustainable Government Investment Program (SGIP) assists agencies access the NSW Treasury Loan Fund (TLF) to finance smaller energy and water efficiency projects. Through SGIP, NSW general government sector agencies can access up to $500,000 ($1 million for Ministry of Health projects).
Funding under SGIP is typically provided for lighting, air-conditioning, hot water and appliance upgrade projects.
The agency must be a NSW general government sector agency.
The project should not be part of the agency's forward capital program.
The Internal Rate of Return of the project must be greater than or equal to 12% (equates to approximately an 8 year simple payback).
At least 75% of the project’s gross benefits must be savings from improved energy and/or water efficiencies.
The maximum loan term is seven years (with repayments every six months).
Project costs and benefits must be independently verified.
Projects that meet the criteria are able to access the full capital cost and any associated costs of developing, delivering and verifying upgrade projects using in-house skills, technical consultants or product suppliers.
Agencies can implement one project at a time, or bundle them up into a single SGIP application with many smaller components.
Since its inception the TLF has financed 33 SGIP projects totalling $11.1 million. They include:
Over $350,000 provided to the NSW Ambulance service for efficiency upgrades to the lighting and air-conditioning systems in Rozelle.
Two applications of over $400,000 to allow the NSW Police Force to deliver widespread upgrades within their Sydney office.
$880,000 for Maitland Hospital to replace and upgrade old chiller equipment, significantly improving the efficiency of their air conditioning system.
To find out more about successful SGIP projects take a look at the Sustainable Government case studies.
Please contact the OEH Sustainable Government team on 1300 361 967 or mailto:email@example.com.
Page last updated: 05 December 2012