GreenPower Audit Reform Results

The National GreenPower Steering Group (NGPSG) undertook consultations with GreenPower Providers and Generators in August 2007 and September 2007 respectively that sought feedback on Audit Process Reform.

After consideration of the feedback, the NGPSG released a second round of consultation on Audit Process Reform in March 2008 that outlined a proposal to phase out GreenPower Rights (GPRs) by 2011.

Following both rounds of consultation the NGPSG is now proceeding with this important reform to the GreenPower audit process through the phase out GPRs over the next three years. This process is explained in the transitional arrangements below.

The removal of GPRs will have several advantages for the Program overall. These include:

1. The streamlining of the annual audit process;
2. A more cost-effective approach to the annual audit for Generators and Providers;
3. A more standardised approach to the accreditation of Generators;
4. The more timely release of the annual audit; and
5. Increased consumer confidence and stakeholder confidence in the GreenPower brand.

1 January 2009 – Stage one:

• GPRs are no longer required for any customer signed-up from 1 January 2009;
• All sales to customers signed-up from 1 January 2009 will require one REC to be surrendered for each MWh sold; and
• GPRs and RECs still required for customers signed-up before 1 January 2009.

1 January 2011 – Stage two:

• GPRs are no longer required or accepted in the Program;
• All sales to customers will require one REC to be surrendered for each MWh sold; and
• The audit will focus solely on RECs.

Should you have any questions regarding this matter please contact Gary Eisner on 02 8281 7314 or gary.eisner@dwe.nsw.gov.au

  Audit Reform Consultation Paper - March 2008 (44kb)