Victorian manufacturer Planex has become the 50th business to benefit from the state’s Energy Assessment Grant, aimed at reducing energy costs and waste.
The Melbourne-based furniture manufacturer has been awarded more than $47,000 to undertake an energy assessment and to implement gas efficiency upgrades.
An Energy Assessment Grant of $12,400 will be used to identify and implement energy efficiency improvements.
Planex has also been awarded a Gas Efficiency Grant of $35,360 to improve the gas efficiency of its powder coating operations, with the company contributing the same amount.
“We know we need to reduce our energy bills so these grants will help us to recover energy right across the manufacturing process,” said Planex CEO Jean Pierre Jardel.
Investing in energy efficiency is expected to save the business more than $50,000 a year on energy bills.
The family-owned business employs 50 people and has been designing and manufacturing steel storage solutions for commercial, educational, sports, hospitality and residential markets since 1972.
“We’re doing what we can to drive down electricity bills – to assist businesses like Planex improve their energy efficiency and save money,” said state minister for Energy, Environment and Climate Change, Lily D’Ambrosio.