The NSW Energy Savings Scheme (ESS) commenced on 1 July 2009. This scheme built upon the demand side abatement achieved in the earlier NSW Greenhouse Gas Reduction Scheme (GGAS), which commenced in 2003 and is one of the first mandatory Greenhouse Gas Emissions Trading Schemes in the world.
The Energy Savings Scheme is a mandatory energy efficiency scheme that creates a market for tradable Energy Savings Certificates (ESCs). These ESCs are created by accredited parties when they undertake activities to improve energy efficiency in commercial, industrial or residential locations in NSW. Electricity retailers in NSW are required to purchase these ESCs, creating a market and price incentive to undertake the energy efficiency activities. If you have a project or product that you believe could be eligible for the creation of ESCs in the NSW scheme the Carbon Reduction Institute can assist you by:If you would like assistance with any facet of this scheme then please contact us