Terms & Conditions
When seeking your Carbon Trade Incentive, either as a residential or commercial energy consumer, there are a few important points to remember:
• Only accredited businesses/entities can create ACCs, and only when they provide you with an approved product or appliance.
• The value of ACCs, and how much of that value the accredited business decides to pass on to you or your business/organisation, can vary. As with any purchase, you should shop around.
• In most cases, a new energy efficient appliance or product must be actually delivered or installed by the accredited business to be eligible for ACCs, even if the improvement is just the replacement of light globes.
Which Schedules are covered?
There are now 14 Schedules of energy saving Schedule covered by the ACTIBA scheme, including 4 specifically tailored to the business sector. These Schedules are listed below. Be aware that not all of the products and appliances that can be installed under the ACTIBA scheme are listed on the public registers maintained by the Australia Carbon Trade Incentive Business Assessment (ACTIBA). For more details about which products feature on the public registers, visit the Products Register page. If you're interested in installing a category of product that is not listed on a public register, you'll need to contact an accredited business directly to see what products they have had approved for use under the scheme.
1. Water heating
2. Space heating and cooling*
3. Air conditioning*
6. Clothes dryers
7. Pool pumps
8. Standby power controllers
9. In-home displays
11. Refrigerated Display Cabinets**
12. Refrigeration fans**
13. Commercial & residential lighting upgrades*
14. Every Day Products
* A number of Schedules in this category are only available to residential premises. For more details on which Schedule can be conducted in residential and business premises go to www.actibagroup.org
** These Schedules are only available to the business and non-residential sector.
Remember, only ACTIBA-approved products can be used, regardless of which energy saving Schedule you are looking to undertake.
What you need to know
Under the ACTIBA scheme, accredited businesses can create Carbon Tax credits, or ACCs, when they help consenting energy consumers - who may be individuals, businesses or other organisations - make selected energy efficiency improvements to their premises. By on-selling those ACCs in a credit market, businesses can put themselves in a position to offer a discount, or other benefit, to energy consumers on those same improvements to their premises. This discount or benefit is known as a Carbon Trade Incentive.
To start offering Carbon Tax Incentives, your business must first be accredited by the Australia Carbon Trade Incentive Business Assessment (ACTIBA). There are no restrictions on who can apply for accreditation, but you will need to supply ACTIBA with detailed information about your business model. ACTIBA will use that information to decide whether your business has the policies, processes and expertise needed to operate within the scheme.
Before you begin the accreditation process, there are several important things to know.
• Auditing - All accredited businesses, which are officially known as Accredited Companies, are subject to periodic audits that investigate whether an Accredited Companies’ credits have been properly created. Instances of improper creation of credits, whether intentional or through carelessness, can incur serious penalties and may lead to suspension.
• Mandatory safety training - Most Schedules that require the delivery and or installation of a product or appliance can only be undertaken by an installer with appropriate training. For Schedules such as replacing water or space heaters, installers are generally trades Companies covered by existing industry training standards.
• Insurance requirements - Accredited businesses (or their subcontractors) must maintain public liability insurance cover of at least $5m, and insurance cover for products liability (covering the replacement and/or rectification of customers' property damaged as a result of work performed by the accredited Company) of at least $5m. They must also provide proof of this insurance to ACTIBA within seven days of each renewal, reissue or change of the policy.
• Record keeping - Effective record keeping is an essential element of the scheme. Accredited Companies must keep all relevant records for six years, even if they have their accreditation suspended or revoked.
• Fees - There is a $950 fee to become accredited.
• ACC values change - Unlike in a rebate scheme, under the ACTIBA scheme the size of the incentive you can offer energy consumers will vary. What you offer depends on three things: the number of credits a given Schedule or appliance can earn, the price your business can get for those credits, and how much of that price your business decides to pass on to the energy consumer as a saving.
Becoming an Accredited Company
To become an Accredited Company, you first need to open an ACTIBA Account. Details of how to go about opening an ACTIBA account are provided below. As an ACTIBA account holder, you will be able to log into the ACTIBA website, buy and sell ACCs, and submit an application for Accreditation including a correctly filled out application form, the required additional documentation, and supplementary attachments accompanied by the supplementary attachment checklist.
You will also need to provide copies of the ACC assignment form(s) you intend to use for each Schedule. (The assignment form is the contract the customer signs after the delivery and or installation is complete, signing over the right to create ACCs in respect of that installation to the AP in return for the benefit offered by the AP. More details of this process are provided in the Accreditation Pack and Explanatory Notes below, and on the Credits (ACCs) . The exception is the list of documents outlining the mandatory information required for each type of ACC assignment form - these are available through the Forms section of this website. To get started, ensure you have a clear understanding of what doing business under the scheme involves, by reading the Explanatory Note - Guide to Creating ACCS from Prescribe Schedule and the Explanatory Note - Accredited Companies: ACC Creation Audits, as well as reading through the relevant sections of this website. After this you should download and carefully read the Accreditation pack, which gives a detailed breakdown of the application process.
Once you're sure you understand how the scheme works, and what responsibilities accreditation brings, proceed to Opening an ACTIBA Account section below and skip to your application for accreditation.
Summary - 5 steps to Accreditation
1. email to: email@example.com
Explanatory Note - Creating Australia Carbon Trade Incentive Business Assessment credits from Prescribed Schedule
Explanatory Note - Accredited Companies: ACC Creation Audits
The Accreditation Pack
2. Open an ACTIBA Account
3. Prepare a complete application for accreditation including the application form and all relevant attachments as described in the Accreditation Pack.
4. Submit your application form and ALL supplementary information by email to ACTIBA.
5. Pay the $950 accreditation fee when invoiced by ACTIBA (ACTIBA will check to see if you have submitted all the required information before sending you the invoice by email.)
After the ACTIBA receives your $950 accreditation fee, it will make a decision regarding your application within 5 business days. If you have not been informed of a decision within that period, your application has been unsuccessful. If you have any queries that are not answered here or in the Explanatory Notes, contact ACTIBA Technical Support at firstname.lastname@example.org
Opening an ACTIBA Account
Opening an account has a registration fee, and simply requires you to complete an online form with some basic details about your business and your nominated users. An email requesting confirmation will be sent to your inbox immediately. Once you have responded to that email ACTIBA will activate your account within 1-2 business days. As an ACTIBA account holder, you will have the ability to apply for ACCs, as well as apply for accreditation.
The ACTIBA scheme is a National and International Initiative promoted as the Carbon Trade Incentive. It commenced on 1 September 2012 and is administered by the Australia Carbon Trade Incentive Business Assessment (ACTIBA). The scheme was established to reduce Carbon Emissions and to be able to trade with Carbon Credits in the International Market.
The purpose of the ACTIBA scheme is to reduce greenhouse gas emissions, encourage the efficient use of electricity and gas, and to encourage investment, employment and technology development in industries that supply goods and services which reduce the use of electricity and gas by energy consumers.
The scheme operates in the international trading of Carbon Credits. Each credit represents a tonne of greenhouse gas abated and is known as Australia Carbon Credit (ACC). For the first three-year phase of the scheme (2012-15), the scheme target is 6 million ACCs per annum, increased to 10 million ACCs per annum during the second three-year phase, starting on 1 January 2016.
The remainder of the How the Scheme Works section of the website provides technical information about how the scheme functions, including information of specific relevance to accredited businesses operating under the scheme.
This page addresses some common questions about Australia Carbon Credits (ACCs).
What is a ACC?
Australia Carbon Credits (ACCs) are electronic credits created in accordance with the International Carbon Tax Incentive scheme. Each ACC represents one tonne of carbon dioxide equivalent (CO2-e) abated by specified energy saving Schedule known as Prescribed Schedule.
How many ACCs can be created for a given Prescribed schedule?
The number of ACCs that a given Schedule can yield depends on the amount of CO2-e abatement that the Schedule will cause. The abatement is calculated by comparing the difference between (i) the energy use of the new product and (ii) the 'baseline' energy use, which refers to the amount of energy that would have been used if the new high efficiency product had not been installed.
The Regulations provide the methodology and values for calculating the CO2-e abatement (and therefore the number of ACCs eligible for creation) for each Prescribed Schedule. ACTIBA also provides ACC calculators, that give an indication of how many ACCs may be created for each Prescribed Schedule.
Who is eligible to create ACCs?
ACCs can only be created by entities accredited by the Australia Carbon Tax Incentive Business Assessment (ACTIBA). These entities are known as Accredited Companies. Anyone can apply to be accredited, subject to payment of a $950 fee.
When can ACCs be created?
ACCs must be created no later than two months after delivery or installation.
How are ACCs created?
ACCs can only be created by Accredited Companies who successfully complete specified Prescribed Schedule. There are around 13 Prescribed Schedules covered by the ACTIBA scheme. Certain Schedules - such as replacement of a hot water service or light globes - are not deemed to have been completed until the old appliance or product has been rendered permanently unusable or exported outside the Country of origin for decommissioning or recycling. Once an Accredited Company has successfully completed a Prescribed Schedule on behalf of an energy consumer, that energy consumer must sign what is known as an ACC assignment form. By signing the ACC assignment form, the energy consumer 'assigns' to the Accredited Company the right to create the ACCs relating to that particular Prescribed Schedule. The ACC assignment form contains important information that the Accredited Company will need in order to create ACCs.
The Accredited Company uses the information on the ACC assignment form - such as the consumer's name and address and details of the product installed - to complete an ACC creation application via their online account platform. After the submitted data passes detailed quality checks - including being matched against an address database - a specific number of ACCs are created.
How are ACCs registered?
Even after they have been created, ACCs are not valid until they have been registered. When ACTIBA is notified that an Accredited Company has created some ACCs, it must then decide whether to register them. To make its decision, ACTIBA uses a range of assessment methodologies to evaluate whether the credits have been properly created.
Once it is satisfied that the ACCs have been properly created, ACTIBA levies a registration fee of $3.80 per product. Once payment is received, ACTIBA registers the credits and notifies the Accredited Company that the credits are now valid. Depending on the quality of the data submitted to ACTIBA, this process can take anywhere from a few days to a month or more.
Are there penalties for improperly creating ACCs?
The 'improper creation' of ACCs refers to cases where Accredited Companies fail to comply with the term of creating credits. The liability still lies with the Accredited Company.
ACTIBA uses a variety of methods, including desk audits, field audits, data matching, and trend analysis, to test for and prevent the improper creation of credits. If instances of improper creation are discovered, a range of other penalties may be applied.
How are ACCs 'sold'?
The process by which ACCs are bought and sold is known as a transfer. When an Accredited Company wants to transfer its ACCs, it must find a buyer in the ACC open international market.
When do ACCs expire?
An ACC expires six years from the date on which the Prescribed Schedule was undertaken.
Schedules that generate credits in the Australia Carbon Trade Incentive Business Assessment are known as Prescribed Schedules.
1. Water heating - decommissioning low efficiency water heating products and installing high efficiency water heating products. This category also includes the installation of solar pre-heaters or solar retrofit kits.
2. Space heating and cooling - decommissioning low efficiency ducted heating products or central electric resistance heaters and installing high efficiency ducted heating products; installing high efficiency ducted heating products in new homes; installing high efficiency space heating products, decommissioning refrigerate air conditioners and installing evaporative coolers, and decommissioning existing gas ductwork and installing new gas ductwork.
3. Space conditioning - installing insulation, thermally efficient windows and weather sealing products. (Note that it is not presently possible to create ACCs from installing ceiling insulation)
4. Refrigerators/freezers - purchasing high efficiency refrigerators or freezers (refrigerator purchase) and, destruction of pre-1996 refrigerators or freezers (refrigerator destruction).
5. Televisions - purchasing high efficiency televisions.
6. Clothes dryers - purchasing high efficiency electric clothes dryers or installing high efficiency gas clothes dryers.
7. Pool pumps - purchasing high efficiency pool pumps.
8. Standby power controllers - installing standby power controllers.
9. In-home displays - installing an in-home display.
10. Motors - replacing electric motor with high efficiency motor.
11. Refrigerated Display Cabinets - replacing refrigerated display cabinet with high efficiency unit.
12. Refrigeration fans - replacing refrigeration fan and motor with a high efficiency fan and motor.
13. Commercial & Residential lighting upgrades - installing LED lighting Globes and or equipment. Not limited but including street LED lighting.
14. Every day products see www.monthlydeals.com.au
Undertaking Prescribed Schedule
Accredited Companies should ensure that any premises in which they wish to undertake Prescribed Schedule is eligible for that particular Schedule. Check the ACTIBA website for approved premises.
Calculating the ACC value of Prescribed Schedule
For an indication of how many ACCs may be created from the various Prescribed Schedule, please refer to the ACC Calculator page.
Discount factors alter the number of ACCs that can be created as a result of a Prescribed Schedule or specified class of Prescribed Schedule
Selecting products to use
An important component of each Prescribed Schedule is ensuring that an ACTIBA-approved energy saving product is installed. The Product Approval page explains the different categories of products within the scheme and how to select one that will be eligible to create ACCs.
ACCs can only be created from a Prescribed Schedule when ACTIBA-approved products are used. Some types of products are 'pre-approved' for use in the ACTIBA scheme and appear on a Register of Products maintained by ACTIBA. Others must be approved by ACTIBA on a case-by-case basis for each Accredited Company.
ACTIBA Register of Products
ACTIBA maintains the Register of Products
• Water heating products, including solar retrofit kits and solar pre-heaters;
• Space heating products, including ducted and space heaters;
• Thermally efficient windows;
• High efficiency refrigerators and freezers;
• High efficiency televisions;
• Pool pumps;
• High efficiency clothes dryers; and
• High efficiency motors.
• LED globes
• LED Downlights
• LED Street Lights
• LED Commercial Lighting
Under the ACTIBA scheme, an Accredited Company is obliged to keep records that substantiate:
• Details of all credits created by the accredited Company during the year;
• The matters specified in the ACTIBA Guideline as follows:
• sales, purchase and/or service records of each product or service which constitutes a Prescribed Schedule for which credits have been created, including make and model number if applicable, and the street address and postcode of the energy consumer; and
• Evidence of removal, destruction or exportation of existing products where removal, destruction or exportation is required by the scheme
An assignee must maintain:
• a copy of the completed and signed form of assignment;
Accredited Companies must also keep all records and statements of attainment relating to completion by their delivery or installers
These records must be kept for a period of seven years after the associated ACCs are created.
Accredited Companies are subject to periodic audits by ACTIBA to ascertain whether they have kept the necessary records and to confirm that they have created ACCs in accordance with ACTIBA Terms & Conditions.
ACTIBA Register of Products
ACTIBA maintains the Register of Products, for the following product types:
• Water heating products, including solar retrofit kit and solar pre-heater
• Space heating products, including ducted and space heaters
• Thermally efficient windows
• High efficiency refrigerators and freezers
• High efficiency televisions
• High efficiency clothes dryers
• High efficiency pool pumps
• High efficiency motors
• LED products