13Working out energy savings obligation

13 Working out energy savings obligation (1) A NERL retailer must work out the retailer’s energy savings obligation (an energy savings obligation) for a compliance period (2) A NERL retailer’s energy savings obligation must be— (a) expressed as a number of megawatt hours of energy; and (b) worked out as follows: EST × electricity sales electricity sales means the NERL retailer’s total electricity sales in MWh in the ACT for the compliance period. EST means the energy savings target determined for the compliance period. (3) A NERL retailer’s energy savings obligation for a compliance period may be modified by including a retailer energy savings result shortfall or surplus carried over from a prior compliance period.