HOME
COUNCIL
Community
DEVELOPMENT
ENVIRONMENT
CONTACT US
ALERTS

Environmental Upgrade Finance

Businesses in Wellington Shire Council can access Environmental Upgrade Finance for projects that help them save money and improve their economic and environmental performance.
Share

Wellington Shire Council has partnered with Better Building Finance to offer this to local businesses.

Environmental Upgrade Finance (EUF) is a loan for building upgrade works, repaid via quarterly Council Rates. A lender provides the upfront capital for the works, which the business then repays through the council rates system. Council then remits it back to the lender.

EUF involves a three-way agreement between the business owner, Council, and lender. It provides an incentive for building owners to upgrade their infrastructure and improve the value of their property.

Key features:

  • Fixed interest, quarterly repayments made via a local council charge
  • Up to 100% project finance, including hard and soft costs
  • Loan terms can extend from 5 to 20 years to maximise business cashflow
  • Loans are tied to the building, not the business owner, making them easily transferrable if the building is sold
  • Landlords can split repayments with tenants, with both parties benefiting from the upgrade
  • No requirement for personal, business or other forms of security to be provided

What are the benefits?

  • Reduced business operating costs
  • Positive cashflow outcome
  • Security from volatile energy markets
  • Media and promotional opportunities
  • A better working environment
  • Environmental leadership in the community

What can be funded?

  • Solar PV systems
  • Energy efficiency upgrades and retrofits
  • Lighting upgrades e.g. LED, lighting controls and daylight sensors
  • Heating, ventilation and air-conditioning (HVAC) systems
  • Efficient control equipment e.g. power control of motors, pumps, boilers and air heating/cooling systems
  • Water harvestings, filtration, recycling and treatment for re-use
No items found.
Airly-Clydebank Hall
556 Clydebank Road, Airly
Binginwarri Hall and Recreation Reserve
675 Albert River-Welshpool Road, Binginwarri
Boisdale Public Hall
42-44 Main Street, Boisdale
Briagolong Mechanics Institute Hall
2 Avon Street, Briagolong
Bundalaguah/Myrtlebank Hall
794 Maffra-Sale Road, Bundalaguah
Carrajung South Hall
89 Old Carrajung Road, Carrajung Lower
Coongulla Community Centre
Gillum Road, Coongulla
Cowwarr Public Hall
31-33 Main Street, Cowwarr
Dargo Public Hall and Recreation Reserve
177 Lind Avenue, Dargo
Denison Public Hall
1293 Denison Road, Denison
Devon North Public Hall
599 Tarra Valley Road, Devon North
Giffard West Public Hall
3877 South Gippsland Highway, Giffard West
Glenmaggie Mechanics Institute (Public Hall)
21 Glenfalloch Road, Glenmaggie
Golden Paradise Beach Community Centre
Surf Edge Drive, Golden Beach
Gormandale Mechanics Institute
Main Road, Gormandale
Heyfield Community Resource Centre
3-5 George Street, Heyfield
Heyfield Memorial Hall
38-40 MacFarlane Street, Heyfield
Kilmany Public Hall and Recreation Reserve
21 Freshwaters Road, Kilmany
Licola Public Hall
8 Jamieson-Licola Road, Licola
Loch Sport Public Hall
222-236 National Park Road, Loch Sport
Longford Hall and Recreation Reserve
Corner South Gippsland and Longford-Loch Sport Road, Longford
Macks Creek Public Hall
Bulga Park Road, Macks Creek
Maffra Memorial Hall
11-15 Foster Street, Maffra
Manns Beach Hall
David Street, Manns Beach
Meerlieu Public Hall and Recreation Reserve
1455 Lindenow-Meerlieu Road, Meerlieu
Munro Public Hall
191 Munro-Stockdale Road, Munro
Nambrok Public Hall and Recreation Reserve
173 Nambrok Hall Road, Nambrok
Newry Hall
139-141 Main Road, Newry
Port Albert Mechanics Institute
20 Victoria Street, Port Albert
Rosedale Public Hall
37-39 Prince Street, Rosedale
Sale Memorial Hall
Macalister Street, Sale
Seaton Hall and Recreation Reserve
1043 Main Street, Seaton
St Johns Ambulance Hall
Stead Street Reserve, Sale
Staceys Bridge Hall
248 Albert River Road, Staceys Bridge
Stradbroke Recreation Reserve and Hall
4971 South Gippsland Highway, Stradbroke
Stratford Mechanics Hall
17 Hobson Street, Stratford
Tinamba Public Hall
Rosedale-Maffra Road, Tinamba
Valencia Soldiers Memorial Hall
84-86 Briagolong Road, Valencia Creek
Willung Public Hall
195 Willung Hall Road, Willung
Won Wron Hall
4737 Hyland Highway, Won Wron
Wonyip Public Hall
Old Wonyip Road, Wonyip
Woodside Public Hall
Corner Prince Street and Austins Road, Woodside
Yarram Mechanics Hall
2-4 Church Street, Yarram
Alberton West Recreation Reserve
331 - 333 Lanes Road, Alberton West
Bellbird Corner Riverside Reserve
Sandy Creek Road, Maffra
Binginwarri Hall and Recreation Reserve
675 Albert River-Welshpool Road, Binginwarri
Boisdale Recreation Reserve
Main Street, Boisdale
Briagolong Quarry Reserve
Freestone Creek Road, Briagolong
Briagolong Recreation Reserve
Briagolong Road, Briagolong
Cameron Sporting Complex
Morison Street, Maffra
Carrajung Memorial Park
McDermott Street, Carrajung
Charles Street Recreation Reserve
Charlies Street, Loch Sport
Cowwarr Recreation Reserve
2-24 Pine Grove Avenue, Cowwarr
Dargo Public Hall and Recreation Reserve
177 Lind Avenue, Dargo
Denison Recreation Reserve
1422 Sale-Heyfield Road, Denison
Devon North Recreation Reserve
683 Tarra Valley Road, Devon North
Golden Beach (Veronica Maybury) Recreation Reserve
Surf Edge Drive, Golden Beach
Gordon Street Recreation Reserve
Gordon Street, Heyfield
Gormandale Recreation Reserve
14-16 Main Road, Gormandale
Kilmany Public Hall and Recreation Reserve
21 Freshwaters Road, Kilmany
Loch Sport Foreshore Reserve
Lake Street, Loch Sport
Longford Hall and Recreation Reserve
Corner South Gippsland and Longford-Loch Sport Road, Longford
Maffra Recreation Reserve
Corner Edward Street and McLean Street, Maffra
Meerlieu Public Hall and Recreation Reserve
1455 Lindenow-Meerlieu Road, Meerlieu
Nambrok Public Hall and Recreation Reserve
173 Nambrok Hall Road, Nambrok
Newry Community Tennis Courts and Parklands
30 McGole Street, Newry
Newry Recreation Reserve
838 Three Chain Road, Newry
Pine Lodge Reserve
Llowalong Road, Stratford
Port Albert Racecourse and Recreation Reserve
Port Albert - Tarraville Road, Port Albert
Rosedale Racecourse Reserve
10 Evergreen Road, Rosedale
Rosedale Recreation Reserve
Moore Street, Rosedale
Seaspray Foreshore Reserve
Corner Futcher Street and Shoreline Drive, Seaspray
Seaton Hall and Recreation Reserve
1043 Main Street, Seaton
Stradbroke Recreation Reserve and Hall
4971 South Gippsland Highway, Stradbroke
Stratford Recreation Reserve
Wellsford Street, Stratford
Tarraville Recreation Reserve
9 Bridge Street, Tarraville
Won Wron Recreation Reserve
4706 Hyland Hwy, Won Wron
Woodside Recreation Reserve
4-18 High Street, Woodside
Yarram Recreation Reserve
50 Railway Avenue, Yarram
No items found.
No items found.

Eligibility

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

Applications

To apply, follow the steps below:

  1. Scope the environmental upgrade project with a contractor
  2. Better Building Finance can help connect businesses with participating lenders
  3. Lender provides the upfront capital for the upgrade project
  4. Owner (and/or tenant) makes repayments via an Environmental Upgrade Charge (EUC) on Council rates

EUA Application Form

Terms and Conditions

1. Terms and Conditions

The Terms and Conditions set out in this web page apply in respect of your Application for an environmental upgrade agreement.

2. The Applicant

2.1 Obligations of the Applicant
In submitting the Application Form the Applicant:
(a) certifies that they have read and understood the “Environmental Upgrade Agreement”, which can be found by clicking the Council logo at https://betterbuildingfinance.com.au/who-we-are/;
(b) authorises the Better Building Finance to obtain from the Wellington Shire Council property and rates information in respect of the property that is the subject of the Application necessary for verifying your eligibility for environmental upgrade finance;
(c) agrees that they will provide annual reporting on energy, water and other savings generated by the proposed environmental upgrade works to the Better Buildings Finance, and understands that this information may be used to develop media and communications materials, fact sheets and case studies and to measure program performance;
(d) agrees to pay all other applicable fees if the application is successful and the applicant proceeds with the project under an Environmental Upgrade Agreement.

2.2 Warranties and Indemnities provided by the Applicant
(a) the Applicant warrants that all statements, information, documents and representations made and provided by the Applicant in connection with the Application are true and correct.
(b) The Applicant acknowledges that the Better Buildings Finance will rely on the correctness of the above statements,information, documents and representations when processing the Application and, if the Application is successful, when considering the project under an Environmental Upgrade Agreement.
(c) The Applicant agrees to indemnify the Better Buildings Finance and Wellington Shire Council against any loss or damage whatsoever suffered as a result of any action, proceeding, claim, demand, prosecution or circumstance arising out of the performance, non-performance or breach by the Applicant of any warranty in connection with the Application.

3. Better Building Finance & Wellington Shire Council

3.1 Obligations of Better Building Finance & Wellington Shire Council
On receipt of the Application Form, the Better Building Finance will:
(a) abide by the relevant privacy laws in relation to any personal information sought or collected in relation to an Application and only use that information for the purposes of processing the Application and developing media and communication materials,fact sheets and case studies;
(b) seek prior approval from the Applicant if it intends to use the information gathered in connection with the Application for any other purpose other than processing the Application and developing media and communication materials, fact sheets and case studies (any materials developed will not be published publicly without the Applicant given the opportunity to view them first);
(c) contact the Applicant where additional information is required in order to assess the Application; and
(d) at all times during the Application process use reasonable endeavours to process the Application Forms within the time frames stated in the Application Guide.

4. Limitation of Liability

(a) Neither the Better Building Finance nor the Wellington Shire Council are liable for any loss or damage sustained (or that maybe sustained), including but not limited to indirect or consequential (including economic) loss as a result of any act or omission whether negligent or otherwise by the Better Buildings Finance, or its servants or agents, in connection with an Application.
(b) To the extent permitted by law, the Better Buildings Finance and Wellington Shire Council expressly disclaim all conditions and warranties, express or implied, in respect of the Application.

No items found.
No items found.
No items found.

2020 Minutes and Agendas

No items found.

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

2019 Minutes and Agendas

No items found.

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

2018 Minutes and Agendas

No items found.

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

2017 Minutes and Agendas

No items found.

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

2016 Minutes and Agendas

No items found.

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

2015 Minutes and Agendas

No items found.

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

2014 Minutes and Agendas

No items found.

To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:

  • Upgrade to existing buildings, located on rateable land within the council boundaries
  • The proposed works should deliver a positive and quantifiable environmental outcome such as energy and/or water savings or waste minimisation
  • Must be up to date on all rates and charges due to council
  • Property type must be predominantly non-residential (such as commercial or industrial) and not be owned by a self-managed superannuation fund.

Learn more about eligibility by contacting Better Building Finance.

Was this page helpful?
Thank you! Your feedback has been successfully sent.
There was an ERROR, please try again.
Page last updated:
Monday, November 18, 2019
Contact Us
Wellington Shire Council
After Hours Emergency
Service Centres
Sale Service Centre
18 Desailly Street (PO Box 506)
Sale VIC 3850
Operating Hours
Monday to Friday 8.30am - 5.00pm
Yarram Service Centre
156 Grant Street
Yarram VIC 3971
Operating Hours
Monday, Tuesday, Thursday, Friday 10.00am - 2.00pm (Closed Wednesday)
Official website of Wellington Shire Council © 2020.
Wellington Shire Council acknowledges the Gunaikurnai People as the traditional owners of the land that is now Wellington Shire.