25 September 2023

Energy savings scheme has power

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A scheme to help Canberra’s households and businesses use energy more efficiently has been judged a success following an independent review.

Minister for Climate Change and Sustainability, Shane Rattenbury said the Environment Planning and Sustainable Development Directorate’s Energy Efficiency Improvement Scheme (EEIS) has made a “big dent” in the city’s energy bills and greenhouse gas emissions.

“Canberrans have saved a total of $240 million, including $15 million saved off the energy bills of low income households,” Mr Rattenbury said.

“Since coming into effect in 2012, the Scheme has benefited over 70,000 households and businesses — 17,900 of these being low income households and rental properties.”

He said the Scheme required energy companies to help ACT homes and businesses become more energy efficient.

“It’s why you’re seeing local energy retailers coming forward with energy-saving tips and discount offers on energy efficient products,” Mr Rattenbury said.

“The independent review carried out earlier this year found the Scheme is well and truly achieving its four objectives of encouraging efficient use of energy, reducing emissions, reducing energy use, and reducing costs for households, businesses and low income households.”

He said that as negotiations continue on a new national energy policy, this Scheme is proof that it is possible to transition to a more sustainable energy sector, in terms of pollution, provision and pricing.

“Canberrans win twice through this Scheme — reducing their energy needs now to pay smaller bills, and cutting emissions for a safer climate into the future,” Mr Rattenbury said.

The 7-section EEIS Independent Review can be accessed at this PS News link.

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