The Energy Savings Scheme reduces electricity consumption in NSW by creating financial incentives for organisations to invest in energy savings projects.  Energy savings are achieved by installing, improving or replacing energy savings equipment.

The Energy Savings Scheme is governed by NSW legislation. It places a mandatory obligation on Scheme Participants to obtain and surrender energy savings certificates, which represent energy savings.  The development of the policy framework is the responsibility of the Office of Environment and Heritage and the Department of Industry.

What is true about the “Government” part is that IPART is a 2nd tier government regulator or body that administers the NSW Energy Savings Scheme to ensure compliance and fair play.

IPART also hands down sanctions, trading suspensions and orders for the surrender of Energy Savings Certificates to ACP’s where non compliant projects have been installed and certificates claimed. This is typically with less than trust worthy retailers, that create certificates outside of the rules of the program.