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Not extending the Energy Efficiency Opportunities Program to Energy Networks – Regulation Impact Statement – Department of Resources, Energy and Tourism

On 19 June 2013, the Minister for Resources and Energy announced that the Government would not proceed with extending the Energy Efficiency Opportunities (EEO) program to energy networks. The EEO program requires large energy users to undertake energy savings audits. While it is not mandatory for the large energy users to accept the recommendations from an energy savings audit it is publicly reported. Trials undertaken indicated that the costs of extending the EEO Program to energy networks significantly exceeded the benefits. The decision not to proceed with extending the EEO program to energy networks was informed by a Regulation Impact Statement that was prepared by the Department of Resources, Energy and Tourism and assessed as adequate by the Office of Best Practice Regulation.