Energy efficiency certificates are a form of currency that represent the amount of energy saved by implementing energy-efficient technologies or practices. In the case of Solar water heaters and heat pump systems, these certificates can be earned by reducing energy consumption and greenhouse gas emissions compared to traditional heating systems.
The Energy Savings Scheme, also known as the ESS, is a government initiative in some states that aims to incentivize businesses and households to reduce their energy usage and carbon footprint. By installing a Solar water heater or heat pump system, homeowners and businesses can earn energy efficiency certificates that can be sold to energy retailers or other parties. These certificates can then be used to offset the upfront cost of purchasing and installing the system.
Overall, energy efficiency certificates provide a financial incentive for investing in renewable energy technologies and help to promote the adoption of sustainable energy solutions. By participating in programs like the Energy Savings Scheme, consumers can not only save money on their energy bills but also contribute to a more environmentally friendly energy sector.