Peak Demand Reduction Scheme (PDRS)

The PDRS is a new certificate-based scheme offering financial incentives to reduce peak electricity demand

Households and businesses can receive a discount on activities that reduce peak demand, such as installing an efficient air conditioner, by working with an ACP

In return for offering a discount, ACPs can create peak reduction certificates (PRCs) from activities that reduce peak demand. ACPs can then sell these to Scheme Participants and other interested parties.

Scheme Participants must acquire and surrender certificates to meet their obligations to reduce peak electricity demand