General Information

This project is not owned by Greenbank

Price per tonne of CO2e [Q24] Approx $12	Project Type(s) [Q26]- Solar - Energy Efficiency

Quality

[Q33a]- n/a
[Q33b]- Other
[Q36]- REESResidential Energy Efficiency Scheme. The REES has been introduced by the SA State Government. Energy generators are required to meet residential energy efficiency targets by offering incentives to adopt energy saving measures. These include: installing more efficient lighting and showerheads, draught proofing, retiring second fridges, and upgrading to more efficient appliances. (SA) Essential Services Commission of South Australia (ESCOSA) is the scheme administrator.
[Q37]- We retire them concurrently at the time of purchase on behalf of the customer[Q38] - Registry transaction screenshot view
- Tax Receipt

General Information

[Q22, Q25]

Own Project | The Victorian Energy EfficiencyEnergy efficiency improvements refer to a reduction in the energy used for a given service (heating, lighting, etc.) or level of activity. Such savings are generally achieved by substituting technologically more advanced equipment to produce the same level of end-use services (e.g. lighting, heating, motor drive) with less electricity. Target (VEETThe Victorian Energy Efficiency Target (VEET) is the target within the Energy Saver Incentive, the mandatory energy efficiency target scheme in Victoria that commenced on 1 January 2009. The legislative requirement is administered by the Essential Services Commission, while compliance is placed on energy retailers through the Victorian Energy Efficiency Target Act 2007.) scheme, which commenced on 1 January 2009, aims to encourage the uptake of energy efficient technology, initially in the residential sector. The VEET scheme plays an important role in achieving the Victorian government’s target of reducing greenhouse gas emissions from households by 10 per cent by 2010 and Victoria’s overall emissions to 60 per cent by 2050.
The VEET scheme operates by imposing a legal liability on large electricity and gas retailers in Victoria (known as relevant entities) to contribute to energy efficiency measures by acquiring and surrendering Victorian energy efficiency certificates (VEECsVictorian Energy Efficiency Certificates are created under the Victorian Energy Efficiency Target (VEET) scheme. One VEEC is equal to 0.1 tonnes of CO2e of energy savings, which is accredited via a certificate system. Certificates are then surrendered to the scheme administrator to achieve compliance. Retailers will need to surrender a specific amount of certificates to ensure they are meeting their responsibilities for the overall reduction of greenhouse gas emissions. ). A penalty will be imposed on entities that fail to surrender sufficient VEECs to meet their liability. VEECs can also be sold into the voluntary carbon offset market.
Under the VEET scheme, accredited persons are eligible to create VEECs for prescribed activities undertaken at residential premises. Each VEEC created represents one tonne of carbon dioxide equivalentCarbon dioxide equivalent. In order to compare emissions between the six Kyoto ProtocolAn international agreement linked to the UNFCCC and sharing its aim of stabilising atmospheric concentrations of greenhouse gases, but requiring separate ratification by governments. The Kyoto Protocol, among other things, sets binding targets for the reduction of greenhouse-gas emissions by industrialized countries. It entered into force for ratifying countries in February 2006 and commits developed nations to collectively cut their greenhouse gas emissions by 5.2 per cent of 1990 levels by 2012. Came into force in Australia on 11 March 2008. greenhouse gasesGreenhouse Gases in the earth's atmosphere absorb and re-emit infrared radiation. The Kyoto Protocol lists six major greenhouse gases, which vary in their relative warming effect. The six gases are: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), HFCs (hydrofluorocarbons), PFCs (perfluorocarbons) and sulphur hexafluoride (SF6). they have been assigned a global warming potentialGlobal warming potential (GWP) measured in CO₂e, is the potency of greenhouse gases, meaning their ability to trap heat in the atmosphere, through the difference in time greenhouse gases remain in the atmosphere, and their effectiveness in absorbing outgoing infrared radiation. The GWP is a numerical measure relative to carbon dioxide, the most abundant greenhouse gas. So carbon dioxide itself has a GWP of 1 and, for example, methane has a GWP of 21. (GWP) measured in carbon dioxide equivalents to reflect their influence on warming the atmosphere. GWP is a relative scale, where CO2 = 1. The other gases are given a number based on their effect on the atmosphere relative to CO2. For example, methaneMethane (CH4) is a greenhouse gas with a GWP of 21. has a GWP of 21, meaning it has 21 times the amount of heating capacity of CO2. (CO2-e) abated by a prescribed activity.
The Victorian Energy Efficiency Target Act 2007 (VEET Act) provides for the VEET scheme to operate in three-year phases, with new scheme targets and prescribed activities set for each phase. The first phase of the VEET scheme will operate from 1 January 2009 to 31 December 2011.

Price per tonne of CO2e [Q24] $AU12	Project Type(s) [Q26]- Energy Efficiency
Project Location(s) [Q27, Q28]Australia | VIC	Project Size (tonnes of CO2e) [Q29]3 year target is expected to decrease emissions by 8.1 million tonnes (2.7 per annum)

Quality

[Q31]- 1 Jan 2009[Q32]- VEECs will expire 6 years after creation[Q33b]- VEECsVictorian Energy Efficiency Certificates are created under the Victorian Energy Efficiency Target (VEET) scheme. One VEEC is equal to 0.1 tonnes of CO2e of energy savings, which is accredited via a certificate system. Certificates are then surrendered to the scheme administrator to achieve compliance. Retailers will need to surrender a specific amount of certificates to ensure they are meeting their responsibilities for the overall reduction of greenhouse gas emissions.
[Q35]

- Greenbank have been approved to create Victorian energy efficiencyEnergy efficiency improvements refer to a reduction in the energy used for a given service (heating, lighting, etc.) or level of activity. Such savings are generally achieved by substituting technologically more advanced equipment to produce the same level of end-use services (e.g. lighting, heating, motor drive) with less electricity. certificates. Please verify at http://www.esc.vic.gov.au/public/VEET/Registers.htm

[Q36]- internal registry
- A list of all the valid Victorian energy efficiencyEnergy efficiency improvements refer to a reduction in the energy used for a given service (heating, lighting, etc.) or level of activity. Such savings are generally achieved by substituting technologically more advanced equipment to produce the same level of end-use services (e.g. lighting, heating, motor drive) with less electricity. certificates (VEECsVictorian Energy Efficiency Certificates are created under the Victorian Energy Efficiency Target (VEET) scheme. One VEEC is equal to 0.1 tonnes of CO2e of energy savings, which is accredited via a certificate system. Certificates are then surrendered to the scheme administrator to achieve compliance. Retailers will need to surrender a specific amount of certificates to ensure they are meeting their responsibilities for the overall reduction of greenhouse gas emissions. ) that exist for the purposes of the VEETThe Victorian Energy Efficiency Target (VEET) is the target within the Energy Saver Incentive, the mandatory energy efficiency target scheme in Victoria that commenced on 1 January 2009. The legislative requirement is administered by the Essential Services Commission, while compliance is placed on energy retailers through the Victorian Energy Efficiency Target Act 2007. scheme. You should note that a certificate is only valid as a VEEC if it is listed in this register. Relevant entities that make scheme acquisitions under the Victorian Energy Efficiency Target Act 2007 (VEET Act) are required to report their acquisitions for each calendar year in an audited annual energy acquisition statement (document forthcoming), to be provided to the Essential Services Commission (Commission) by 30 April of the following year.
[Q37]- We transfer the abatement into the clients name to retire at their convenience[Q38] - Evidence of registry transaction (For example, personalised account, physical copy of transaction etc.)
[Q39]- Not applicable

General Information

[Q22, Q25]

Own Project | Renewable Energy CertificatesRenewable Energy Certificates in Australia are issued by the Australian Government's Office of Renewable Energy Regulator. They are equivalent to one-megawatt hour of renewable electricity. RECsRenewable Energy Certificates in Australia are issued by the Australian Government's Office of Renewable Energy Regulator. They are equivalent to one-megawatt hour of renewable electricity. RECs can be bought and sold both by electricity retailers and by other businesses in order to meet the legal requirements of MRET. can be bought and sold both by electricity retailers and by other businesses in order to meet the legal requirements of MRETMandatory Renewable Energy Target. The Australian Government has a policy commitment of a 20 percent share for renewable energy in Australia's electricity supply by 2020..

Price per tonne of CO2e [Q24] AU$53 - AU$65	Project Type(s) [Q26]- Solar - Wind
Project Location(s) [Q27, Q28]Australian	Project Size (tonnes of CO2e) [Q29]Various

Quality

[Q31]- 1 Jan 2009[Q32]- RECs are created from various projects. Once created RECs do not expire[Q33b]- RECsRenewable Energy Certificates in Australia are issued by the Australian Government's Office of Renewable Energy Regulator. They are equivalent to one-megawatt hour of renewable electricity. RECs can be bought and sold both by electricity retailers and by other businesses in order to meet the legal requirements of MRET.
[Q36]- RECsRenewable Energy Certificates in Australia are issued by the Australian Government's Office of Renewable Energy Regulator. They are equivalent to one-megawatt hour of renewable electricity. RECs can be bought and sold both by electricity retailers and by other businesses in order to meet the legal requirements of MRET. Registry
[Q37]- We transfer the abatement into the clients name to retire at their convenience[Q38] - Registry transaction screenshot view
[Q39]- Encourage and expand the portfolio of renewable energy sources in Australia.

General Information

This project is not owned by Greenbank

Price per tonne of CO2e [Q24] Volume dependent	Project Type(s) [Q26]- Energy Efficiency
	Project Size (tonnes of CO2e) [Q29]Various

Quality

[Q33b]- NGACsNew South Wales Greenhouse Gas Abatement Certificate is a tradeable commodity used in the NSW GGAS. One NGAC represents the abatement of one tonne of CO2e associated with the consumption of electricity in NSW. NGACs are transferable certificates that may only be created by accredited abatement certificate providers.
[Q36]- GGASSee The NSW Greenhouse Gas Abatement Scheme Registry
[Q37]- We retire them on request by the customer[Q38] - Registry transaction screenshot view
[Q39]- Encourages behavioural change at a grassroots level.