Energy Efficiency (Cost of Living) Improvement Act 2012
7Energy savings target
Start here
Get a plain-English read of 7
Turn the raw legal text into a practical explanation grounded in Energy Efficiency (Cost of Living) Improvement Act 2012.
7 Energy savings target (1) The Minister must determine a target (an energy savings target) for the total energy savings to be achieved by NERL retailers in a compliance period, expressed as a percentage of total electricity sales in the ACT. (2) A determination must be made— (a) if the determination increases the energy savings target—at least 6 months before the start of the compliance period to which the target relates; and (b) in any other case—at least 3 months before the start of the compliance period to which the target relates.