NSW Energy Efficiency Legislation Introduced

On 13 May 2009 the NSW Climate Change Minister, Carmel Tebbutt, introduced the Electricity Supply Amendment (Energy Savings) Bill 2009 into the NSW Legislative Assembly.

The Energy Savings Bill will amend the Electricity Supply Act 1995 (NSW) to create an Energy Savings Scheme (Scheme). This Scheme is intended to create a financial incentive to reduce the consumption of electricity by encouraging energy saving activities and assist households and business to reduce their electricity consumption and costs. The Scheme will create tradeable certificates for a range of energy saving activities.

The main features of the Scheme contained in Energy Savings Bill are as follows:

• the Scheme is due to commence on 1 July 2009 and will be administered by the Scheme Administrator (to be appointed by the Minister for Energy);