2019 ESC and VEEC Certificate Creation Deadline

With the end of the financial year approaching, please remember that ESCs and VEECs for projects that occurred in the 2019 Calendar Year (i.e. 2019 vintage) must be uploaded and registered by 30 June 2020 - the vintage deadline.

With the end of the financial year approaching, please remember that ESCs and VEECs for projects that occurred in the 2019 Calendar Year (i.e. 2019 vintage) must be uploaded and registered by 30 June 2020 - the vintage deadline.

In order to  ensure your 2019 upgrade claims are completed before the vintage deadline, please ensure that all compliance evidence is sent to NCBA by Friday 17 April, 2020. This will allow time for our Customer Service team to check all documentation and process accurate energy savings claims.

Please note that NCBA cannot guarantee certificate creation on your projects with evidence still outstanding past the April 17 deadline, as the increased workload for Auditors in the lead up to the deadline for both states can result in significant delays.

We look forward to working with you to process these claims early. For any queries, please contact the Customer Service Team on 02 9939 5559.

Minimum Co-payment and Financed Projects

NCBA would like to reinforce that we must be informed of any projects where any of the ESC value will be returned to the Customer (Original Energy Saver), in order to properly ensure that the Minimum Co-payment of $5 per MWh has been met.

In these cases, NCBA will calculate and inform you of the maximum allowable return that can be provided to the Customer, with returns exceeding that amount resulting in the entire claim being ineligible and forfeited. We would like to take this opportunity to emphasise that the Minimum Co-payment cannot be reimbursed.

In addition, NCBA has received queries surrounding the eligibility of projects that are funding via third-party agreements, such as loans or Environmental Upgrade Agreements (EUAs). These are perfectly acceptable so long as the Minimum Co-payment amount is met, with NCBA simply requiring a copy of the agreement between the parties and signed Evidence of Transaction.

In the event that the upfront payment does not exceed the minimum co-payment threshold, NCBA would be required to wait until the cumulative payments (whether it be monthly, quarterly or otherwise) exceed the threshold. Please keep in mind that projects are still subject to the ESC Vintage Deadline, therefore the Minimum Co-payment must be met prior to the 30 June deadline.

If you have any questions, please do not hesitate to contact our Customer Service Team.