People Energy shortfall statement 2021

People Energy paid a penalty of $235,037.92 after we issued the company with a Victorian energy efficiency certificate shortfall statement in September 2021.

Under the Victorian Energy Upgrades program, energy retailers must surrender certificates in proportion to the volume of electricity and gas they sell to Victorian customers.

People Energy paid this penalty because we found that the number of Victorian energy efficiency certificates they surrendered for the 2020 relevant entity compliance year was 4,264 short of their liability for the year. 

Read more about how we regulate the Victorian Energy Upgrades program.