Frequently Asked Questions about the NSW Peak Demand Reduction Scheme (PDRS)
Learn how you can benefit from accessing the NSW Peak Demand Reduction Scheme and working with Peak Reduction Certificates (PRCs)
Reduce your energy bills and help the environment with the NSW Peak Demand Reduction Scheme. As early movers in this space, we're excited to introduce you to the benefits of this program.
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1. What is the NSW Peak Demand Reduction Scheme (PDRS)?
The NSW Peak Demand Reduction Scheme (PDRS) is a new scheme introduced by the New South Wales Government aimed at reducing demand in peak times. Peak times are defined as 2:30 to 8:30pm from the 1st November to the 31st March.
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2. Why did the NSW Government introduce a peak demand program, and what are the benefits of the Scheme?
The NSW Peak Demand Reduction Scheme will encourage dependable peak demand reduction to lessen the NSW energy system's dependence on existing power stations and incentivise consumption during peak renewable generation.
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3. What is a Peak Reduction Certificate (PRC)?
A Peak Reduction Certificate (PRC) recognises 0.1kW of available peak demand reduction capacity. PRCs can be traded in the market to produce a financial incentive for reducing demand.
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4. What Activities are eligible for PRCs under the NSW Peak Demand Reduction Scheme?
Currently, the key activities resulting in PRCs are both residential and commercial air-conditioning, residential pool pumps and large commercial hot water (replacing electric systems only) and refrigerated cabinet replacements.
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5. How can PRCs benefit our energy system and me?
Reducing demand in peak times will ensure a stable and secure energy system whilst also facilitating the transition to a 100% renewable energy market. Residents and business owners can also receive significant energy bill reductions through the installation of highly efficient technology at a lower price when combined with available Energy Savings Scheme incentives.
Ready for the next step?
If you are interested in accessing PRCs to reduce rising household energy costs, fill out the form below and we’ll be in touch.
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Heating and Air Conditioning (HVAC)
If you sell and install energy efficient space heaters or reverse-cycle air-conditioning, we can offer your business an easy way to reduce your final price with cash-back from government schemes.
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Hot Water
Energy savings certificates (ESCs) are now also available for Water Heaters in NSW.
So if you work replacing existing electric or gas water heaters with approved heat pump or solar water heater, we can assist your business accessing the incentives.