The NSW Government has announced three key changes to the Energy Savings Scheme (ESS), promising to save households and businesses up to $8.2 billion on their energy bills during the life of the scheme.

Changes include:

• The energy savings target will be increase from 5 per cent to 7 per cent in 2016 and progressively to 8.5 per cent by 2019. This is a 70 per cent increase in the target.
• It will be expanded to provide incentives for households and businesses to save gas.
• It will be extended to 2025.

The Energy Efficiency Council has commended the changes, noting that they “will lower bills for homes and businesses while creating more jobs in energy efficiency’.

Read NSW Government media release here.

Read the media coverage by EEC here.