The NSW Energy Savings Scheme (ESS) gives financial incentives in order to promote the installation, upgrade or replacement of energy systems in residential and commercial establishments across NSW.
These incentives are known as energy savings certificates (ESCs) and are created for Accredited Certificate Providers (ACPs). Accordingly, homeowners and businesses can avail of impressive discounts on the costs involved in buying a government-approved energy system.
With regards to how many ESCs can be generated, it all boils down to the net megawatt-hours allocated to activities that contribute to energy savings.
This scheme functions by letting the ACPs generate and register the ESCs for saving energy, as long as it is backed up with concrete evidence.
Electricity retailers in NSW then go on to buy these ESCs annually so as to reach their respective yearly energy savings requirements. Therefore, there is always a demand for ESCs.
We help in the administration of the scheme and regulation of businesses that take part in it. The legislation associated with the governance of the ESS is made and maintained by the NSW Department of Primary Industries and the Environment (DPIE).