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NSW Energy Savings Scheme Rule of 2009: price starts at $35/MWh |
First 2 of 7 paragraphs shown The policy-plan was “the Rule will build on the existing Demand Side Abatement (DSA) Rule of the NSW Greenhouse Gas Reduction Scheme (GGAS), increase the number of activities that are eligible, and make it simpler for businesses to create ESCs”. After-tax price for energy savings of $35 per MWh: Scheme Participants who do not surrender sufficient ESCs will be subject to a penalty for any shortfall. The penalty rate will be $24.50 per megawatt-hour (MWh) to provide an incentive for compliance. This is equivalent to an after-tax price for energy savings of $35 per MWh and effectively caps the ESS cost at this level. ...Log in to read rest of Article or image. |