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)|