Australia is currently facing a transformation of its energy markets from electricity generated by fossil fuels to more renewable energy sources like solar and wind. However, the increasing cost of energy is adversely impacting households and enterprises, especially small and medium sized businesses, who do not have the required capital to invest in energy saving mechanisms.
This report focuses on non-profit organisations in NSW and the impact of rising power costs on their operations. The rising cost of energy has become an enormous liability for small and medium sized organisations, negatively affecting their bottom line.
Bipartisan solutions, with incentives and grants to clubs and charities, are needed to address these issues and this report recommends that more be done to help this sector invest in energy saving technologies.
Clubs in NSW and mid-sized not for profits are large consumers of power who lack adequate government support in undertaking energy efficiency schemes in a period where rising energy prices have contributed to changes in the energy market.
This report illustrates examples of clubs and non-profits that have responded to the challenges in the energy market and have used energy saving technologies to cut costs and improve efficiency.
Further, this report looks at the existing policy framework and recommends that existing policies are amended to incorporate more initiatives that help mid-sized organisations in embracing sustainable energy programs. It looks at the Renewable Energy Target (RET) and identifies that as the RET expires in 2030, a new policy will need to be expanded to include large energy users like clubs to increase support for their initiatives. This section also discusses the importance of continued support of the Clean Energy Finance Corporation (CEFC) and the Australian Renewable Energy Agency (ARENA), two organizations that help drive clean energy projects. Through this examination, this report argues that any proposed government energy framework needs to improve energy efficiency, reduce cost, support communities and the charities and clubs sector, as well as promote investment and innovation in renewables and low emissions technologies.