Legislative Assembly for the ACT: 2015 Week 8 Hansard (4 August) . .
savings to the ACT economy of around $40 million in net present value terms. This is actually a measure that does not add costs into the economy; it delivers savings for the economy—that is, it frees up economic activity for other things because of reduced energy use. That is the first point to make. Secondly, households themselves also directly benefit. While Ms Lawder's comments were focused on the pass-through costs, she failed to recognise that there are aggregate lifetime bill savings for the residential sector. These are estimated at over $106 million in present value terms across the household sector as a whole. So even when you factor in the pass-through cost, there is a net saving for households. These are, of course, issues not identified directly by the opposition in their comments today.
This bill also supports harmonisation with energy efficiency schemes in other jurisdictions. It will allow the ACT administrator to register approved abatement providers. This will help identify opportunities for efficiency and harmonisation between the ACT's energy efficiency improvement scheme and like schemes in New South Wales, Victoria and South Australia.
This amendment bill will deliver significant benefits to households and to small and medium enterprises. It will drive down electricity costs in households, in particular in the low income households, and it will provide energy savings to small and medium enterprises. It will also meet important environmental objectives by reducing the ACT's greenhouse gas emissions and helping the ACT to meet its 40 per cent greenhouse gas reduction target. Finally and most importantly, it will help with the ACT's transition to a low carbon economy whilst looking after those who are most in need. It is a classic example of the way smart energy use benefits the economy, benefits the individual household, benefits the environment and benefits those on low incomes. I commend the bill to the Assembly.
Question resolved in the affirmative.
Bill agreed to in principle.
Leave granted to dispense with the detail stage.
Bill agreed to.
Water Resources (Catchment Management Coordination Group) Amendment Bill 2015
Debate resumed from 4 June 2015, on motion by Mr Corbell:
That this bill be agreed to in principle.
MS LAWDER (Brindabella) (4.50): I am pleased to speak today on the Water Resources (Catchment Management Coordination Group) Amendment Bill 2015. The bill is for an act to amend the Water Resources Act 2007 and the Water Resources Regulation 2007. The purpose of the bill is to establish the ACT and Region Catchment Management Coordination Group under the act. This group is to have an advisory function to the Minister for the Environment. I note at the outset that we will
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