A Scheme Participant’s individual energy savings target for a compliance year is:
|
Individual Energy |
= |
Liable |
X |
Energy Savings |
X |
Energy Conversion |
The Energy Savings Scheme Target and energy conversion factors are listed in Schedule 5 of the Electricity Supply Act – 1995.
The Energy Savings Scheme Target and energy conversion factor for 2021 and 2022 compliance years are shown below:
|
Compliance Year |
Energy Savings Target |
Energy conversion factor |
|
2021 |
8.5% |
1.0 |
|
2022 |
9.0% |
1.0 |
Liable Acquisitions
Scheme Participants must report their liable acquisitions for the compliance year in their AESS.
Scheme Participants are entitled to claim a partial exemption for eligible exempt electricity loads
The Compliance Guide – Scheme Participants provides guidance on liable acquisitions.