About Targets and Penalties

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The persons required to participate in the Energy Savings Scheme, known as Scheme Participants, must meet an individual energy savings target each year.

The target increased from 5% to 7% in 2016, and then increased by 0.5% each year until reaching 8.5% in 2019.

Each Scheme Participant must meet its energy savings target by surrendering a required number of Energy Savings Certificates, or paying a penalty.