NSW RAMPS UP ENERGY EFFICIENCY TARGETS IN QUEST TO SAVE $2.4BN IN ENERGY COSTS
The NSW Government has taken the state’s energy efficiency targets up a notch under its Energy Savings Scheme (ESS). NSW Energy Minister Matt Kean said that the ambitious goal will increase the annual energy saving targets from 8.5% to 13% by 2030, which in turn will supply the state’s economy with an additional $1 million and amplify the bill savings by $2.4 billion.
The enhanced scheme is expected to support more than 1,600 jobs across the state and provide more opportunities for small businesses that participate in the energy savings activities. The NSW Government estimates that changing 20 halogen downlights to LED in residential properties would potentially save around $210 per year, while for businesses wanting to upgrade their heating, ventilating and air conditioning system in a medium sized commercial building scale, could save up to $290,000 per year.
For more information on the Energy Saving Scheme go to: https://energysaver.nsw.gov.au/business/discounts-and-incentives/about-energy-savings-scheme