The Energy Security Safeguard (the Safeguard) helps ensure our energy system is more reliable, affordable and sustainable.
This is done by creating incentives to:
- deliver cost-effective energy savings
- reduce peak demand
- increase the production of green hydrogen.
There are 3 schemes under the Safeguard:
The Energy Savings Scheme supports energy saving activities for households and businesses across NSW.
The Peak Demand Reduction Scheme supports activities that reduce demand at peak times, including flexible demand response.
The Renewable Fuel Scheme encourages the production of green hydrogen.
Together these schemes are supporting the transition to a renewable energy system in NSW and helping achieve NSW’s emissions reduction target of net zero by 2050.
If you have any further questions about any of the Safeguard's schemes, contact us.