Overview of the ESS

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Energy Savings Certificate (ESC) Lifecycle

  1. Households and businesses invest in better technology to reduce their energy use
  2. Energy savings certificates are generated through the reduction in energy use
  3. Liable parties such as electricity retailers buy energy savings certificates
  4. The value of energy savings certificates is returned to the businesses who generate them.

Financial incentives to save energy

When businesses invest in reducing energy use, an Accredited Certificate Provider may be able to create energy savings certificates from each notional MWh of energy the investment saves. Electricity retailers, who are mandatory scheme participants, then buy the energy savings certificates to meet their own legislated targets, as required by law.

Energy savings certificates are the 'currency' of the scheme. The Energy Savings Scheme is not a rebate scheme