Buying GreenPower in the Australian Capital Territory
ACT electricity consumers contribute to the Territory’s commitment to deliver 100% renewable electricity. ACT consumers can buy additional GreenPower to achieve 100% renewable electricity under Climate Active’s rules or make a further investment in Australian renewable generation.
The ACT Government committed to delivering 100% renewable electricity for the Territory from 2020 under the Climate Change and Greenhouse Gas Reduction Act 2010.
Some electricity accounting methodologies, such as the market-based method used by Climate Active, recognise the proportion of the ACT Government's commitment that has been matched with the ACT Government’s surrender of renewable energy certificates. In 2022 this was 74.1%.
Climate Active also recognises the Renewable Power Percentage (RPP), except for entities which are exempt from some or all of the Large-scale Renewable Energy Target. In 2022 the RPP was 18.64%.
ACT electricity consumers wishing to source 100% renewable electricity under Climate Active’s market-based accounting method can purchase additional GreenPower to make up the difference.
For most consumers, in 2022 the difference was approximately 7% and is similar in 2023. However, this may vary, and consumers are encouraged to review the guidance referenced below and seek advice on their specific situation.
Under Climate Active’s market-based accounting method, all GreenPower purchases in the ACT are recognised as additional to the ACT Government’s renewable electricity commitment.
There are other sources of renewable electricity recognised under Climate Active’s market-based method. More information is available in the Climate Active electricity accounting rules.
Consumers in the ACT can also choose to buy a higher percentage of GreenPower to support transitioning the electricity sector to renewables.
You can read about the methodology used by the ACT Government to reach their commitment in the Minister’s Annual report.