24—Energy productivity targets
(1) The Minister must,
by notice in the Gazette, set the annual energy productivity targets for the
purposes of this Part, being the amount of normalised gigajoules required to
be achieved by retailers through the carrying out of energy productivity
activities in accordance with this Part and Part 4 of the Gas
Regulations 2012 .
(2) The Minister must,
for the purposes of subregulation (1), set annual energy productivity
targets relating to each of the following 5 year periods:
(a) 2021
to 2025 (inclusive);
(b) 2026
to 2030 (inclusive).
(3) The Commission
must set an annual energy productivity target ("EPT") for each retailer by
apportioning the relevant annual target set by the Minister between retailers
in accordance with any requirements of the Minister.