Energy savings certificates
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What is an energy savings certificate, or ESC?
Energy Savings Certificates, or ESCs (pronounced "esky"), are tradeable certificates created under the Energy Savings Scheme.
ESCs represent energy savings arising from a recognised energy saving activity. One ESC represents one notional Megawatt hour (MWh) of energy saved.
Only Accredited Certificate Providers (ACPs) can create ESCs. ACPs can only create ESCs from recognised energy savings activities for which they are accredited for.
Scheme Participants purchase ESCs and surrender them to the Scheme Regulator to meet obligations they have under the Scheme.
More information about how ESCs are registered, transferred and surrendered is available on the ESS Registry and ESS Portal page.
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Who can create Energy Savings Certificates?
Only Accredited Certificate Providers (ACPs) can create Energy Savings Certificates.
ACPs can only create certificates from recognised energy savings activities for which they are accredited for.
Further information is available on the How to be involved page, including:
- Applying to become an ACP or
- Working with an existing ACP.
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What is a certificate worth and how are they sold?
The price of a certificate varies depending on market conditions.
IPART is not involved in the sale or trade of Energy Savings Certificates (ESCs) and is unable to advise how to sell certificates. Contracts to sell ESCs occur independently of IPART and outside of the ESS Registry.
Further information on prospective buyers, ESC pricing and sale of ESCs is available on the Energy Savings Certificates page.