The NSW Energy Savings Scheme (ESS) has been in operation since mid-2009. In that time the scheme has grown and has demonstrated that a market based mechanism can be used to achieve real energy savings.
For the first time, the supply of Energy Savings Certificates (ESCs or certificates) from energy savings activities exceeded total compliance obligations for the year. 2,572,978 certificates were created representing 2,427,338 MWh of energy saved across NSW during 2012.