Financial incentives are available for replacing conventional lighting with energy efficient LED lighting.
Tortech Lighting has a number of products which have been approved under IPART (NSW) and VEET (VIC), this offers businesses a significant cost saving benefit as a result of the conversion from conventional lighting to LED lighting.
| DESCRIPTION | NSW (IPART) | VIC (VEET) | ACT (EISS) | SA (REES) |
|---|---|---|---|---|
| Start Date | July 2009 | January 2009 | January 2013 | January 2009 |
| Obligated Parties | NSW electricity retailers | Electricity and gas retailers with 5,000+ customers | Tier 1 – Electricity retailers with up to 5,000 customers. Tier 2 – more than 5,000 customers |
SA electricity and gas retailers with 5,000+ customers |
| Eligible to be an energy saver | Accredited Certificate Providers (ACPs) | Consumers of electricity and gas | Consumers of electricity | Electricity and gas retailers, able to engage third parties |
| Residential and/or commercial projects? | Residential, commercial and industrial | Residential and Small and Medium Enterprise (SME’s) | Residential and Small and Medium Enterprise (SME’s) | Residential only |
| Cost impact in $MWh | Formula = Certificate Price ($/MWh) * X Target % X Emissions Factor^ (CO2/MWh) |
