The NSW energy savings scheme (ESS) scheme is a NSW Government initiative promoted as Energy Saver Incentive.
ESS was introduced on the 01/07/2009 by the NSW Government to help reduce CO2 emissions by improving energy efficiency. Under ESS all electricity retailers must reduce their CO2 emissions by a set amount of equivalent of CO2
Tonnes (CO2t-e). If an electricity retailer fails to reduce their CO2 emissions as required they are liable to pay a fine.
To offset their emissions energy retailers can purchase ‘carbos credits’ known as Energy Savings Certificates or ESCs. One ESC represents one tonne of CO2 saved.
It is designed to increase opportunities to improve energy efficiency by rewarding companies who undertake eligible projects that either reduce electricity consumption or improve the efficiency of energy use. Reducing electricity use will help NSW families and businesses to save money on their power bills and will shield customers from rising electricity prices and from future electricity price increases.
To participate you must be over the age of 18 and have an electricity account or be the legal authorised representative of an account holder or business. In addition, the premises must have: