Nsw Energy Savings Scheme Calculator

The energy savings scheme ess reduces energy consumption in nsw by creating financial incentives for organisations to invest in energy savings projects.

Nsw energy savings scheme calculator.

The nsw energy savings scheme ess scheme is a nsw government initiative promoted as energy saver incentive. Electricity retailers who are mandatory scheme participants then buy the energy savings certificates to meet their own legislated targets as required by law. Ess was introduced on the 01 07 2009 by the nsw government to help reduce co2 emissions by improving energy efficiency. The energy savings scheme rule ess rule details how energy savings certificates are created.

To ensure that the schemes are complementary to each other energy efficiency projects that access the energy savings scheme are not eligible for financial incentives. The energy savings scheme allows energy savings to be calculated using a number of methods designed for particular sectors and activities. The nsw energy savings scheme. But by utilising the government s energy rebate scheme the installation of modern led lighting can be a huge cost saving exercise for your business.

The nsw government supports the continuation of the energy savings scheme in parallel with the emissions reduction fund refer to the energy savings scheme statutory review. Energy savings calculation methods. Energy savings are achieved by installing improving or replacing energy savings equipment. The current ess rule became effective on 30 march 2020 and now includes the 4 september 2020 amendment to activity definition f1 of schedule 1.

It does this by making it cheaper for you to invest in an upgrade project to reduce your energy use. The nsw government has committed to updating the ess rule on an annual basis. An often overlooked business expense lighting can cause a significant financial burden if not set up correctly. The nsw energy savings scheme ess cuts electricity and gas use by creating financial incentives for households and businesses to be more energy efficient.

Home energy energy savings scheme navigate to. The nsw energy savings scheme ess provides financial incentives to install energy efficient equipment and appliances in nsw households and businesses. It requires scheme participants nsw electricity retailers and large electricity users to buy energy savings in the form of ess energy savings certificates.