Each Scheme Participant must meet an individual energy savings target calculated as a percentage of its liable acquisitions. A liable acquisition is any purchase of electricity for consumption by, or onsale to, end users in NSW, or for use in NSW.
Sales to exempt industries or activities are not included in a Scheme Participant’s individual energy savings target.
A Scheme Participant can choose to meet its target either by acquiring and surrendering an equivalent number of Energy Savings Certificates, or, by paying a penalty.
Energy Savings Scheme Targets
*half year from 1 July