As the 1 September 1 go-live date approaches for the expansion of the NSW Peak Demand Reduction Scheme (PDRS), Ecovantage is proud to announce we are accredited for the latest BESS3, BESS4, and BESS5 activities.
What This Means for Installers.
The PDRS expansion introduces significant financial incentives for installing eligible Battery Energy Storage Systems (BESS) across various commercial and residential strata settings in NSW. Securing accreditation means Ecovantage is perfectly positioned and ready to process Peak Reduction Certificates (PRCs) the moment these new activities commence next week.
Understanding the New BESS Activities.
The new Store and Shift Capacity (SASC) method introduces three activities designed to lower upfront costs for installing energy storage:
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- BESS3 (Apartment Buildings): Covers battery installations in residential Class 2 apartment buildings with 4 or more dwellings, for capacities from 20 to 200 kWh.
- BESS4 (Small & Medium Businesses): Supports commercial installations for small and medium businesses (excluding residential buildings and data centres) with 20 to 200 kWh of eligible capacity.
- BESS5 (Commercial & Industrial): Geared toward larger commercial and industrial systems, covering eligible capacities from over 200 kWh up to 30,000 kWh.
Partner with Ecovantage & Get Ready for 1 September
These new incentives act as a substantial upfront discount off the BESS installation price. For example, a 100 kWh small-medium business battery under BESS4, could earn around 5,616 certificates which works out to roughly $14,000* off the upfront cost. Estimate incentives on your BESS projects using our handy BESS PRC Estimator.
Ecovantage is here to help you navigate compliance standards, usable capacity calculations, and documentation required to secure these benefits.
Contact our team today to ensure your projects are lined up and ready to claim PRCs from day one.
* Example used assumes a usable capacity of 100 kWh and a $2.50 PRC price after fees.
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