Overview of Schemes

NSW Energy Savings Scheme (ESS)

The Energy Savings Scheme (ESS) began on 1st July 2009 and is part of the NSW Government’s plan to cut greenhouse gas emissions by 60% before 2050. The objective of the NSW ESS Scheme is to reward companies that undertake projects that either reduce electricity consumption or improve the efficiency of energy use.

VIC Energy Upgrades Program (VEU)

The Victorian Energy Upgrades (VEU) program reduces greenhouse gas emissions by providing access to discounted energy efficient products and services. The VEU program has very similar intentions to the NSW ESS, as it is designed to encourage energy efficiency improvements by implementation more affordable and attractive.

NCBA’s Involvement in Schemes

The National Carbon Bank of Australia is an Accredited Certified Provider (ACP) under the NSW Energy Savings Scheme and an Accredited Person (AP) under the Victorian Energy Upgrades Program.

NCBA is the leading certificate creator in the Country under our Commercial Lighting Accreditations, processing claims for thousands of sites. At NCBA we work with Installers to generate and return the monetary incentives available to you through Energy Savings Certificates (ESCs) and Victorian Energy Efficiency Certificates (VEECs).

Subject to scheme conditions being met, NCBA will create ESCs or VEECs on behalf of your company and trade them on the certificate markets. NCBA will then transfer you the net returns generated, offsetting the capital costs of the Energy Conservation Measure (ECM).

NCBA’s Services

Standard Service

Under NCBA’s Standard Service, we are primarily responsible for the compliance of the ESC or VEEC. NCBA will validate paperwork, train the electrical installer, customer and solution provider in the requirements of the Scheme and produce the required documentation. We support and guide all parties to ensure all required items are fulfilled in order to generate the monetary incentive.

Evidence Collection Service

Under NCBA’s Evidence Collection Service, NCBA acts as a total project manager, primarily responsible for the collection and compliance of all evidence required under the Scheme. This ensures fast turn-around times for ESC and VEEC creation with minimal disruption to our clients.