Home Energy Saver is not the only support available to you. Some of the energy saving upgrades you can choose also attract other New South Wales Government energy incentives. This page explains in general terms how they work alongside your Home Energy Saver discount. Each scheme sets its own rules, so always check the official source for the latest information.
Your Home Energy Saver discount is applied across the cost of the upgrades you choose. Certain products also attract New South Wales Government energy incentives. These are certificates with set values that are applied automatically to eligible products, both in your estimate and in your final quote. You do not apply for them. Both your discount and these incentives are taken into account, so together they reduce what you pay. The amount you pay is what is left after your discount and any incentives that apply.
The incentives come from two New South Wales Government energy schemes, the Energy Savings Scheme (ESS) and the Peak Demand Reduction Scheme (PDRS), and from the Australian Government Small-scale Renewable Energy Scheme, which provides Small-scale Technology Certificates (STCs) for products such as rooftop solar and heat pumps. They apply only to certain products, and the value is set for each eligible product rather than worked out for your home individually. For the current details, see the official sources: Energy Savings Certificates (IPART), Peak Demand Reduction Scheme (NSW Government) and Small-scale Technology Certificates (Clean Energy Regulator).
You do not need to apply for these incentives, they are applied for you. At the end of your installation, you sign a certificate nomination form. This nominates Creditex as the Accredited Certificate Provider so the certificates for your products can be created. It is a routine step, and the form is provided by Creditex.
You do not need to work any of this out yourself. Your estimate already includes the incentives that apply to the products you choose, and your Quote confirms your price after your electrical and safety assessment. You will always see your final price before you are asked to pay.
No. They are certificates that are applied automatically to eligible products, in both your estimate and your final quote. The only step for you is signing a certificate nomination form at the end of your installation, which Creditex provides.
Yes. Where a product is eligible, both your discount and the incentive are taken into account when your price is worked out.
Some of these certificates are traded on an open market, so their value can move up or down with demand. If certificate values fall before your final quote is issued, the incentive shown on your quote may be a little lower than in your earlier estimate.
The number of certificates a product earns depends on how much energy it is expected to save or generate, and sometimes on your location. A more efficient product generally earns more certificates, which can mean a larger incentive.
Your Deposit is $200, or 10% of the amount left after your discount and any incentives that apply, whichever is greater. Anything that lowers what you pay is already included in that amount.
Home Energy Saver discounts are funded by the NSW Government and delivered by Creditex.