{"id":20975,"date":"2021-04-22T05:03:26","date_gmt":"2021-04-22T05:03:26","guid":{"rendered":"https:\/\/northmoregordon.com\/?page_id=20975"},"modified":"2024-02-22T22:54:23","modified_gmt":"2024-02-22T22:54:23","slug":"government-schemes","status":"publish","type":"page","link":"https:\/\/northmoregordon.com\/government-schemes\/","title":{"rendered":"Government Schemes"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"20975\" class=\"elementor elementor-20975\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a9a66ab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a9a66ab\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-533a610\" data-id=\"533a610\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c08a01 elementor-tabs-view-vertical ng-grid-tab elementor-widget elementor-widget-tabs\" data-id=\"9c08a01\" data-element_type=\"widget\" data-widget_type=\"tabs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-tabs\">\n\t\t\t<div class=\"elementor-tabs-wrapper\" role=\"tablist\" >\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-1631\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"true\" data-tab=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"elementor-tab-content-1631\" aria-expanded=\"false\">Victorian Energy Upgrades (VIC)<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-1632\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1632\" aria-expanded=\"false\">Energy Savings Scheme (NSW)<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-1633\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1633\" aria-expanded=\"false\">Renewable Energy Target (AUS)<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-1634\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"4\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1634\" aria-expanded=\"false\">Emissions Reduction Fund (AUS)<\/div>\n\t\t\t\t\t\t\t\t\t<div id=\"elementor-tab-title-1635\" class=\"elementor-tab-title elementor-tab-desktop-title\" aria-selected=\"false\" data-tab=\"5\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1635\" aria-expanded=\"false\">Current Targets<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<div class=\"elementor-tabs-content-wrapper\" role=\"tablist\" aria-orientation=\"vertical\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"true\" data-tab=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"elementor-tab-content-1631\" aria-expanded=\"false\">Victorian Energy Upgrades (VIC)<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1631\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-1631\" tabindex=\"0\" hidden=\"false\"><h3 id=\"victorian-energy-upgrade-veu\">Victorian Energy Upgrades (VIC)\u00a0<\/h3><p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium\" src=\"https:\/\/northmoregordon.com\/wp-content\/uploads\/2021\/05\/melbourne-966465.jpg\" width=\"1600\" height=\"1027\" \/><\/p><p><strong>The Victorian Energy Upgrades (VEU) is driving energy efficiency upgrades in Victoria by providing financial incentives, based on greenhouse gas emissions saved, to make implementation more affordable and attractive.<\/strong><\/p><p>Also known as the Energy Saver Incentive or the VEET Scheme, it is administered in accordance with the VEU Regulations 2018 by the Essential Services Commission.<\/p><p>Victorian Energy Efficiency Certificates (VEECS) can be created by an Accredited Person (AP) and sold to a liable party (Energy Retailer) when a legitimate activity takes place.<\/p><p>The scheme places an obligation on Energy Retailers to purchase certain quantities of Victorian Energy Efficiency Certificates (VEECs) every year, and through a wholesale certificate market, this creates the incentive for energy efficiency activities.<\/p><p><a href=\"https:\/\/northmoregordon.com\/certificates\/#victorian-energy-efficiency-certificates-veecs\">Learn more about VEECs<\/a> <a href=\"https:\/\/northmoregordon.com\/wattly-success-stories\/van-wyk-flowers-watch-energy-savings-bloom\/\">Case Study<\/a> <a href=\"https:\/\/northmoregordon.com\/contact-us\/\">Contact Us<\/a><\/p><\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1632\" aria-expanded=\"false\">Energy Savings Scheme (NSW)<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1632\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-1632\" tabindex=\"0\" hidden=\"hidden\"><h3 id=\"energy-savings-scheme-ess\">NSW Energy Saving Scheme (ESS)\u00a0<\/h3><p><img decoding=\"async\" class=\"alignnone size-medium\" src=\"https:\/\/northmoregordon.com\/wp-content\/uploads\/2021\/05\/shutterstock_1025960785.jpg\" width=\"1600\" height=\"1027\" \/><\/p><p><b>The NSW Energy Savings Scheme (ESS) is driving energy efficiency upgrades in NSW by providing financial incentives to make implementation more affordable and attractive.<\/b><\/p><p>The ESS places an obligation on energy retailers to purchase Energy Savings Certificates (ESCs). These certificates are generated by an Accredited Certificate Providers (such as Northmore Gordon) by performing eligible activities.<\/p><p>It is administered and regulated in accordance with the ESS Savings Scheme Rule 2009 (or the ESS Rule) by the Independent Pricing and Regulation Tribunal of NSW (IPART).<\/p><p><a href=\"https:\/\/northmoregordon.com\/certificates\/#victorian-energy-efficiency-certificates-veecs\">Learn more about VEECs<\/a> <a href=\"https:\/\/northmoregordon.com\/wattly-success-stories\/van-wyk-flowers-watch-energy-savings-bloom\/\">Case Study<\/a> <a href=\"https:\/\/northmoregordon.com\/contact-us\/\">Contact Us<\/a><\/p><\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1633\" aria-expanded=\"false\">Renewable Energy Target (AUS)<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1633\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-1633\" tabindex=\"0\" hidden=\"hidden\"><h3 id=\"renewable-energy-target-ret\">Federal Renewable Energy Target (RET)\u00a0<\/h3><p><img decoding=\"async\" src=\"https:\/\/northmoregordon.com\/wp-content\/uploads\/2021\/05\/shutterstock_1435594436.jpg\" width=\"1600\" height=\"1027\" \/><\/p><p><b>The Federal Government Renewable Energy Target (RET) is driving renewable energy by providing financial incentives to make installation more affordable and attractive.<\/b><\/p><p>The RET is split into two targets the Large-scale RET (LRET) for larger solar, wind, hydro \u201cPower Stations\u201d and the Small Scale Renewable Energy Scheme (SRES) that supports the installation of rooftop solar systems that are less than 100kW, solar water heaters, and other small renewable generators.<\/p><p>Both targets are highly focused on increasing and improving renewable energy sources.<\/p><p>The SRES provides an upfront incentive based on the nominal generation through to 2030.<\/p><p><a href=\"https:\/\/northmoregordon.com\/certificates\/#large-scale-generation-certificates-lgcs\">Learn more about LGCs<\/a> <a href=\"https:\/\/northmoregordon.com\/contact-us\/\">Contact Us<\/a><\/p><\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"4\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1634\" aria-expanded=\"false\">Emissions Reduction Fund (AUS)<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1634\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-1634\" tabindex=\"0\" hidden=\"hidden\"><h3>Federal Emissions Reduction Fund\u00a0 (ERF)\u00a0<\/h3><p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/northmoregordon.com\/wp-content\/uploads\/2021\/03\/ng-erf.jpeg\" width=\"1600\" height=\"1027\" \/><\/p><p><b>The Emissions Reduction Fund (ERF) provides a government funded incentive for organisations in a range of sectors to reduce or \u2018store\u2019 carbon emissions.<\/b><\/p><p>The Emissions Reduction Fund (ERF) provides a government funded incentive for organisations in a range of sectors to reduce or \u2018store\u2019 carbon emissions.<\/p><p><span style=\"background-color: var( --e-global-color-194ac96 );\">Through the implementation of energy efficiency and emissions reduction projects, Australian Carbon Credit Units (ACCUs) can be created and subsequently sold to the government through the ERF reverse auctions.<\/span><\/p><p><span style=\"background-color: var( --e-global-color-194ac96 );\">ACCUs can be created under one of the 34 methods approved under the Carbon Farming Initiative (CFI) legislation, regardless of a sale contract with the government. ACCUs can also be sold in the secondary market to help \u2018make up\u2019 ERF contracts that not fulfilled, to high emissions facilities that have exceeded their emissions baselines as defined under the safeguard mechanism, or to a range of commercial entities looking to voluntarily offset their emissions through carbon credit purchases.<\/span><\/p><p>In 2019, the government expanded the ERF with the addition of the $2 billion Climate Solutions Fund.<\/p><p><a href=\"https:\/\/northmoregordon.com\/certificates\/#large-scale-generation-certificates-lgcs\">Learn more about LGCs<\/a> <a href=\"https:\/\/northmoregordon.com\/contact-us\/\">Contact Us<\/a><\/p><\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-tab-title elementor-tab-mobile-title\" aria-selected=\"false\" data-tab=\"5\" role=\"tab\" tabindex=\"-1\" aria-controls=\"elementor-tab-content-1635\" aria-expanded=\"false\">Current Targets<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1635\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"tabpanel\" aria-labelledby=\"elementor-tab-title-1635\" tabindex=\"0\" hidden=\"hidden\"><h3 id=\"targets\">Current Targets\u00a0<\/h3><table class=\"ng-targets\"><thead><tr><th>Scheme<\/th><th>Tradable Certificate<\/th><th>Sectors Covered<\/th><th>2019 Retailers Obligation<\/th><th>2020 Retailers Obligation<\/th><th>2021 Retailers Obligation<\/th><th>Legislated End Date<\/th><th>Northmore Gordon<br \/>Accredited<\/th><\/tr><\/thead><tbody><tr><th style=\"background-color: var(--e-global-color-12bed80) !important; color: #fff !important;\" colspan=\"8\"><b>State Energy Efficiency Schemes Comparison<\/b><\/th><\/tr><tr><td>VIC VEU<\/td><td>VEEC<\/td><td><div>Lighting Activities (Commercial, Industrial, Residential, Outdoor &amp; Public Lighting). Project<br \/>Activities for Commercial &amp; Industrial Equipment<\/div><\/td><td>6.3 M VEECs<\/td><td>6.5 M VEECs<\/td><td>6.5 M VEECs<\/td><td>2030<\/td><td>Yes<\/td><\/tr><tr><td>NSW ESS<\/td><td>ESC<\/td><td><div>Lighting Activities (Commercial, Industrial, Outdoor &amp; Public Lighting). Project &amp; Metered<br \/>Baseline Activities for Commercial &amp; Industrial Equipment. Business Appliances.<\/div><\/td><td>4.8 M ESCs (8.5%)<\/td><td>4.8 M ESCs (8.5%)<\/td><td>5.5 M ESCs (8.5%)<\/td><td>2050<\/td><td>Yes<\/td><\/tr><tr><td>SA REES<\/td><td>Direct obligation<\/td><td>Commercial, Residential<\/td><td>2300 TJ<\/td><td>2300 TJ<\/td><td>2500 TJ<\/td><td>2030<\/td><td>No<\/td><\/tr><tr><td>ACT EEIS<\/td><td>Direct obligation<\/td><td>Commercial, Residential<\/td><td>(8.6%)<\/td><td>(8.6%)<\/td><td>\u00a0<\/td><td>2030<\/td><td>No<\/td><\/tr><tr><td style=\"background-color: var(--e-global-color-12bed80) !important; color: #fff !important;\" colspan=\"8\"><b>Federal Schemes (Renewable Energy Target and Emissions Reduction Fund)<\/b><\/td><\/tr><tr><td>RET Small<\/td><td>STC<\/td><td>Solar PV, Solar Hot water<\/td><td>37.5 M STCs<\/td><td>42.6 M STCs<\/td><td>50.6 M STCs<\/td><td>2030<\/td><td>Yes<\/td><\/tr><tr><td>RET Large<\/td><td>LGC<\/td><td>Large Solar (&gt;100kW) Wind, Hydro, Biogen<\/td><td>31.2 M LGCs<\/td><td>33.8 M LGCs<\/td><td>33.0 M LGCs<\/td><td>2030<\/td><td>Yes<\/td><\/tr><\/tbody><\/table><p><a href=\"https:\/\/northmoregordon.com\/contact-us\/\">Contact Us<\/a><\/p><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Victorian Energy Upgrades (VIC) Energy Savings Scheme (NSW) Renewable Energy Target (AUS) Emissions Reduction Fund (AUS) Current Targets Victorian Energy Upgrades (VIC) Victorian Energy Upgrades (VIC)\u00a0 The Victorian Energy Upgrades (VEU) is driving energy efficiency upgrades in Victoria by providing financial incentives, based on greenhouse gas emissions saved, to make implementation more affordable and attractive&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-20975","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v25.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Government Schemes - Northmore Gordon<\/title>\n<meta name=\"description\" content=\"Northmore Gordon helps businesses understand the Government Schemes and unlock the value of the incentives for energy efficiency and carbon projects, for; 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