LUXMANN has had most of its popular products approved by NSW IPART (Independent Pricing And Regulatory Tribuneral) and by the Victorian Energy Saving Commission (ESC) so its clients can benefit greately from both the NSW Energy Savings Scheme (ESS) and the Victorian Energy Efficiency Target (VEET) scheme both of which commenced in 2009.
More importantly, as it is a prerequisite for these approvals, LUXMANN had to be awarded with the necessary Certificates of Suitability for Safety and EMC as required by these Australian regulators.
These schemes are designed to make energy efficiency improvements more affordable, contribute to the reduction of greenhouse gases, and encourage investment, employment and innovation in industries that supply energy efficiency goods and services. These schemes help NSW and Victorian families and businesses save money on their power bills by increasing the opportunities to improve energy efficiency. Reducing electricity use will also help shield customers from rising electricity prices and from future electricity price increases caused in part by the introduction of the national carbon pricing mechanism on 1 July 2012. The ESS establishes legislated annual energy savings targets that must be met through the creation and surrender of Energy Savings Certificates (ESCs). Conversely, in Victoria these certificates are called Victorian energy efficiency certificates (VEECs)
Under these schemes, accredited businesses can offer discounts and special offers on selected energy saving products and appliances installed at homes, businesses or other non-residential premises. The bigger the greenhouse gas reduction, the bigger the potential saving.
Electricity retailers and certain other parties such as electricity generators who supply direct to a customer and market customers who buy or sell electricity in NSW and Victoria, are required to obtain and surrender ESCs, and are known as Scheme Participants. Scheme Participants are required to meet individual energy savings targets based on the size of their share of the electricity market. If Scheme Participants fail to meet their targets, then a penalty is assigned.
LUXMANN’s Scheme-Partners who become Accredited Certificate Providers (ACPs or APs) create ESCs or VEECs by carrying out Recognised Energy Savings Activities as defined in the Energy Savings Scheme Rule of 2009. These activities include the replacement and installation of the LUXMANN high efficiency LED lighting and other energy saving devices, the NABERS rating of buildings, changes in industrial processes and changes in electricity consumption measured against an established baseline among other things.
Some large electricity users, known as Trade-Exposed Emissions Intensive industries, are partially exempt from the Scheme. Each year the Minister for Resources and Energy publishes a list of companies who are exempt based on their specific industry activity.
Ongoing scheme related compliance of Accredited Certificate Providers and Scheme Participants is managed by IPART in NSW and by the ESC in Victoria in their dual roles as the Scheme Administrators and Scheme Regulators.