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NSW ramps up energy efficiency targets in quest to save $2.4bn in energy costs

10 March 2021
The NSW government has significantly ramped up energy efficiency targets under the state’s Energy Saving Scheme, that it says could deliver $2.4 billion in reduced energy costs for businesses and households.
NSW energy minister Matt Kean announced on Wednesday that the state government would increase the state’s energy saving target from 8.5 per cent to 13 per cent by 2030, which will require electricity retailers to invest in more energy efficiency measures.
Under the Energy Savings Scheme, electricity retailers are required to meet the energy saving targets by supporting the replacement of appliances with energy efficient alternatives, including light bulbs, air conditioning and heating systems. ....

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