Family-run agribusiness set to cut its electric bill by a third thanks to AEIP grant

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Victorian company Meredith Dairy stands to save a third of its on-farm energy costs each year thanks to a Victorian Government grant program supporting investments in more energy efficient technology.

The family-run business has been awarded a $250,000 grant under the Agriculture Energy Investment Plan (AEIP) to support its investment in a biomass energy unit, a solar power system and cool room upgrade.

The AEIP offers grants up to $250,000 to install infrastructure and technology that will make farms more competitive and protect local jobs.

Victorian Minister for Agriculture Mary-Anne Thomas said the project is expected to generate over $94,000 in on-farm energy savings each year, which is almost a third of the business’s on-farm energy costs.

“Energy is a significant cost for many farmers – we are working to put money back in farmers pockets by supporting them to improve energy efficiency on-farm and take action on climate change,” the Minister added.

Meredith Dairy co-owner Sandy Cameron, commented:

“This project allows us to supply 70 per cent of our electricity requirements and all heating requirements with renewable energy, helping us to become a net-zero emissions agribusiness.”

Image credit: https://meredithdairy.com/blog/social-ethical-responsibility/nantwich-international-cheese-awards/