Industry News

NSW program to reward energy consumers for contributing to demand response capability

By:NSW ERKH. Date: Monday, November 19, 2018.

NSW program to reward energy consumers for contributing to demand response capability

The NSW Government is offering up to $1000 to thousands of NSW homes and businesses to use their smart energy devices to help future-proof our energy grid.

Announcing the initiative last week, Minister for Energy and Utilities, Don Harwin, said the $50 million Smart Energy for Homes and Businesses program will launch early next year. The program will reward customers for feeding their excess energy into the grid at times we need it most like during heatwaves.

“By simply contributing to the grid just five days a year, more than 40,000 consumers across NSW will receive up to $1000. Over four years, this smart energy scheme is expected to generate up to 200 megawatts of new dispatchable energy during peak energy events.”
Mr Harwin said there was a clear role for smart energy storage in supporting the state’s energy security and helping consumers save on their power bills. “Smart technologies will play a critical role in maximising the potential of our energy system – allowing us to access and coordinate stored energy for when and where we need it most.” 

“Whilst only 5 to 10 percent of our installed storage devices currently have this smart capability, this program is expected to drive new investment in the smart energy technology market.” 
“By partnering with leading energy companies, we are accelerating the next generation of energy innovation in homes and businesses to benefit all NSW customers.” 
Expressions of Interest are now open for industry partners to support the delivery of the Smart Energy Program. This Program is part of the more than $242 million in funding from the NSW Government’s Climate Change Fund focused on providing energy bill relief for households and businesses across NSW.

For more information on the Smart Energy for Homes and Businesses program, visit the NSW Government website here.


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