What are Annual Energy Savings Statements?

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The Scheme Regulator uses the Annual Energy Savings Statement to assess whether a Scheme Participant has complied with its responsibilities under the ESS. Each Scheme Participant must lodge an annual statement detailing its target, the number of Energy Savings Certificates surrendered and any shortfall.

IPART, as Scheme Regulator, may require an audit of the Annual Energy Savings Statement depending on certain criteria. The audits must be conducted by independent auditors selected from a panel established by IPART.