Households and small businesses are experiencing increasing energy stress, making it essential to implement consistent, sustainable, and equitable measures to help them manage and afford their energy use. Energy-inefficient homes not only drive-up costs but also impact residents’ health and wellbeing.
With the current Retailer Energy Productivity Scheme (REPS) thresholds and productivity targets set for 2021–2025, new targets must be established for REPS2, to be implemented from 2026 to 2030.
As the energy divide widens, the scheme must guarantee that all consumers, particularly vulnerable groups, can access energy savings.
Our submission advocates for reforms that support low-income households, small businesses, First Nations communities, and renters.
Our recommendations
We recommend:
- Increasing the priority group sub-target to 25%
- Introducing a 10% sub-target specifically for small businesses
- Prioritising deep retrofit measures and electrification.
Benefits
- These steps will reduce energy bills, improve efficiency, and support a cleaner energy transition.
- By addressing the energy divide and enhancing targeted support, REPS2 can foster a more sustainable and resilient energy future for South Australians.
- This submission urges immediate policy action to secure equitable access to energy savings and long-term benefits.