Energy Levies - Energy Innovation (Electric Vehicles and Other Matters) Amendment Act 2017
The Energy Innovation (Electric Vehicles and Other Matters) Amendment Act 2017 (the Act) was passed to give effect to government commitments to improving energy efficiency and addressing climate change in carbon-intensive sectors, particularly in process heat and transport. The Act allows EECA to utilise levy funding from two additional energy levies (the Gas Safety, Monitoring and Energy Efficiency (GSMEE) levy, and the Petroleum or Engine Fuel Monitoring (PEFM) levy) to undertake and deliver programmes that align with its statutory function, and which will be guided by the New Zealand Energy Efficiency and Conservation Strategy (NZEECS). The Electricity Industry Act 2010 will also continue to allow EECA to utilise funding from the electricity levy.