Energy Efficiency Improvement Scheme

The ACT has some of the lowest residential electricity and gas prices in the country, but it also has high levels of energy use. There is a lot we can do to reduce energy consumption in our homes and businesses without compromising on comfort and convenience.

What is the EEIS?

The Energy Efficiency Improvement Scheme (EEIS) is a compulsory scheme for electricity retailers. It works by placing a requirement on electricity retailers to achieve energy savings in households and small-to-medium businesses. A Priority Household Target ensures that a proportion of the savings are delivered in low income households.The scheme was established under the Energy Efficiency (Cost of Living) Improvement Act 2012.

What are the benefits?

The benefits of EEIS include:

  • Reducing household and business energy use and costs
  • Reducing greenhouse gas emissions
  • Encouraging the efficient use of energy.

Improving energy efficiency is a cost effective way to minimise our overall energy demand, and therefore reduce emissions associated with energy use.

1 million energy efficient items installed, 70,000 ACT households have been improved, $3.20 saving on energy bills per household per week in 2020.

EEIS objectives

EEIS is one of the ways your government is helping to make the change to a more sustainable future. EEIS objectives are to:

  • encourage the efficient use of energy
  • reduce greenhouse gas emissions associated with stationary energy use in the Territory
  • reduce household and business energy use and costs
  • increase opportunities for priority households to reduce energy use and costs.

EEIS works by setting an Energy Savings Target and classifying each energy retailer into one of two groups: Tier 1 and Tier 2.

Large Tier 1 retailers must meet the target through approved energy saving activities. Smaller Tier 2 retailers may deliver activities or pay an energy savings contribution. This contribution is then used to fund initiatives which improve the energy efficiency of households or businesses or meet the objects of the Act.

See the current EEIS activities.

If you have comments about the scheme, or suggestions for new activities, please email us at EPD-EEIS@act.gov.au.

Summary of current EEIS metrics


Instrument


New  Value


Period


Energy Savings Target


8.6% (each year)


2016 to 2020


Priority Household Target


20% (each year)


2016


Emissions Multiplier


0.4


2016 to 2020


Energy Savings Contribution (Tier 2 Retailer)


$116/tonne CO2-e


2016 to 2020


Shortfall Penalty (non-compliant Retailers)


$300/tonne CO2-e


2016 to 2020