Take advantage of the business opportunities available to transform your energy efficiency; no matter what state or territory you are in.
Within each scheme, there is a series of complex calculations including annual hours of operation, geographic location and the cost of equipment. These determine how rebates and discounts are applied: the greater the improvement in energy efficiency, the higher a discount is likely to be.
Each certificate represents the abatement of one tonne of Co2 from the atmosphere. There is no set price for these certificates as they are subject to normal supply and demand pressures. For example: upgrading a single halogen lamp with a LED fittings can abate close to a tonne of Co2 from the atmosphere over a ten-year period.
The estimated $1 billion pool was provided by the Energy Efficiency Certificate Creators Association, a body representing the accredited persons. This was based upon 35 million certificates created.
Equipment Energy Efficiency reports that the commercial and residential markets are estimated at $3.2b. Anacacia Capital quoted that ‘the lighting market in Australia is about $1.4b and LED lighting as an energy saving proposition is opening up a new retro market that is tipped to drive an extra $15b of revenue over the next 7 years.’
There are different accreditation requirements for each state, which you may find in the respective links above. A common factor in all states is the extensive and ongoing compliance regimes to ensure that all participants within the scheme are operating safely and ethically. An AP must undergo a rigorous application process which checks for compliance in areas including safety, product quality, business practices and industry experience.