The Victorian Government has reinstated the Greener Government Buildings Program (GGB) which aims to lower energy use in government buildings through upgrades to systems such as heating and cooling.
The GGB – which was previously removed by the former Coalition Government in 2012 – will be funded through the Victorian Green Bonds.
The Victorian Green Bonds program aims to reduce greenhouse gas emissions by 25,000 tonnes each year and save money in the long term by slashing energy use in government buildings.
Reducing energy use in buildings is commonly linked to upgrading and improving a building’s HVAC system, including any heat pumps that are in use.
Minister for Finance Robin Scott said, “The Greener Government Buildings Program will save an estimated $100 million and proves that greenhouse gas abatement does not need to be expensive.”
The Victorian Government will reboot the program with a $33 million investment in the next two years to save energy and reduce greenhouse emissions across a number of government buildings and infrastructure.
The program will include:
- Installing new lighting technologies and upgrading heating and cooling systems at Gordon TAFE in Geelong, and Peninsula Health facilities, including the Frankston Hospital
- Replacing all of Victoria’s freeway lighting with efficient and long lasting LED technology
- Installing solar power and highly-efficient LED lighting in hundreds of Victorian schools and regional healthcare facilities.
Money saved on energy bills is expected to repay the initial investment in just five years and will continue to save energy for years to come.
Minister for Environment and Climate Change Lily D’Ambrosio said, “The GGB program not only reduces greenhouse gas emissions, but it actually results in an overall cost saving to government over time.”
The program is expected to save about $6 million a year over 15 years in addition to avoiding capital investment costs.
Ms D’Ambrosio said it will also contribute to the Victorian Take 2 Pledge Program, and will support over 100 new jobs in the energy efficiency market.
The GGB program – awarded the Premier’s Sustainability Award in 2011 – further supports the growth of clean energy and technology industries, creating jobs and strengthening Victoria’s position as the centre of excellence for energy efficiency.