National Carbon Bank of Australia

Here is our brief explanation about some of the Main Energy Schemes currently operating with their website links:

Federal Government Emissions Reduction Fund

The Emissions Reduction Fund (ERF) is a central component of the Federal Governments Direct Action Plan. The primary goal of the Direct Action Plan is to reduce Australia’s Carbon Dioxide (CO2) emissions to 5% below emission levels recorded in the year 2000 by 2020. In terms of abatement, this is around 491 million tonnes of CO2. The ERF is a $2.55Bn fund which will achieve CO2 abatement by incentivising businesses to undertake emission reductions activities. Activities that meet the ERF requirements and result in real emission reductions are eligible to access the ERF and receive financial subsidies and support.

For more information see the Emissions Reduction Fund

NSW Energy Savings Scheme

The Energy Savings Scheme is established under NSW legislation. Its main objective is to assist households and businesses to reduce electricity consumption and electricity costs. Businesses that save energy by installing, improving or replacing energy savings equipment can gain financial incentives by participating in the scheme. It is administered by the Independent Pricing and Regulatory Authority ( IPART).

For more information see the Energy Savings Scheme

Victorian Energy Efficiency Target

The purpose of the VEET scheme is also to reduce greenhouse gas emissions, encourage the efficient use of electricity and gas, and to encourage investment, employment and technology development in industries that supply goods and services which reduce the use of electricity and gas by energy consumers. In a very similar way to the NSW ESS, the creation and sale of certificates, earned through energy efficiency improvements can provide businesses with financial reward. VEET is administered by the Essentials Services Commission.
For more information see the  Victorian Energy Efficiency Target

SA Resource Efficiency Assistance Program

REAP assists South Australian companies to measure their energy, water and waste usage. It is set up to tailor programs for individual companies to help them develop long term resource efficiency strategies. Using business diagnostics, benchmarking, strategic planning and staff training, REAP is part of Zero Waste SA which subsidises waste audits and development of resource management plans to a maximum of $25,000.
See for more information

QLD Smart Energy Savings Program

The Queensland Government’s Smart Energy Savings Program aims to drive energy saving improvements in businesses by requiring eligible businesses to undertake an energy audit, develop an energy savings plan and publish their actions for each relevant site, on a five-yearly cycle. The program aims to reduce Queensland’s energy requirements by encouraging companies to introduce energy efficiency technology, change employee behaviour and also to improve business productivity and competitiveness.
See for more information

WA CleanRun Program

The CleanRun program consists of a range of targeted initiatives such as vehicle emission testing, community education and smoky vehicle reporting, to reduce the impact of motor vehicle emissions (with a focus on diesel) on the Perth air space. By establishing current emission levels, and developing various methods through which these emissions can be reduced, the program is being undertaken to ensure that clean air is achieved and maintained throughout the Perth metropolitan region.
See for more information

ecoBiz NT

ecoBiz NT is a program for small to medium businesses in the Northern Territory to assist them to address energy and water use, materials management and consumption. It is based upon a six-step process which includes an audit of resource usage and an assessment of relevant efficiency measures with the ultimate aim of reducing business costs and improving efficiency.
See for more information

ACT Energy Efficiency Improvement Scheme

The Energy Efficiency Improvement Scheme (EEIS) started on 1 January 2013. The EEIS sets a Territory-wide energy savings target and includes obligations for ACT electricity retailers to meet an individual Retailer Energy Savings Obligation (RESO). The Energy Efficiency (Cost of Living) Improvement Act 2012 provides the legal framework for the Energy Efficiency Improvement Scheme (EEIS). The Act contains the legal obligations and options that electricity retailers have under the scheme to meet their RESO, one of which is to undertake eligible energy savings activities.


NABERS – the National Australian Built Environment Rating System

NABERS is a performance-based rating system for existing buildings. NABERS rates a building on the basis of its measured operational impacts on the environment, and provides a simple indication of how well you are managing these environmental impacts compared with your peers and neighbours.
See for more information

The Energy Efficiency Exchange

A range of industry and government programs are available to support businesses to understand their energy use and implement improvements. For more information, the Energy Efficiency Exchange is a joint initiative of the Australian, state and federal governments administered by the Department of Resources, Energy and Tourism. It aims to provide quality information on the development and implementation of energy efficiency strategies from respected national and international sources, in one location
See for more information


Am I Eligible?

National Carbon Bank of Australia

The activities you perform to reduce your energy consumption or to increase your energy efficiency must be undertaken at a site registered in New South Wales to be eligible for the NSW Energy Savings Scheme and similarly, at a site registered in Victoria to be eligible for the Victorian Energy Efficiency Scheme. We can confirm if you are eligible.

There are also limitations as to what activities and calculation methods can be undertaken at industrial, residential and commercial sites. For example, the Commercial Lighting Energy Savings Formula under the NSW ESS cannot be used for residential installations, and the NABERS Baseline Method cannot be used for industrial or residential sites.

Contact us to find out more