Sheet1CountryTradable Energy SavingPenaltyIncentiveAustralia - New South WalesYesAUS 24.86 per certificate , 10% shortfall can be carried forwardNoneAustralia - South AustraliaNo2 Components: Base penalty of 10k AUD + Per Unit penalty (AUD 70 per tCO2, AUD 500 per energy audit) + carry out any shortfallsNoneAustralia - VictoriaYesAUD 41.23 per certificateNoneBeligum - FlandersNoEUR 0.10/kWHSurplus can be carried overCanada - OntarioNoNoneFor unit electricity (kWh): Multiple tiers from 80% to 150% with the cost of CAD 0.30 to 1.80 For Peak Demand (kW): Multiple tiers from 80% to 150% with the cost of 13.50 - 81.00ChinaYesNoneAvailable, but no detail announcedDenmarkYesEUR 0.10/kWh + possible lost of energy distribution licenseMeasure with longer lifetime = weigh moreFranceYesEUR 0.02/kWh cumac*Nonecumac = cumulative and discountedItalyYesCase-by-case with a min of 25000 and max of 155m eur Possible 1-year grace period if 60% target is met5% premium over energy savedKoreaNoNoneNonePolandYesUp to EUR 2mNoneUnited KingdomNo (but CO2 cert is availableCase-by-casesome measure grant special coefficientmost recent = 10.6 fine + 1 million penalty for 2.12 ktCO2 shortfall (succeed only 62.4% of its obligation)US - CaliforniaNoTriggered if lower than 65%Applicable when exceed 80% of target. The incentive is capped at 450m but less than 1% of total saleUS - ConnecticutYes0.55 USD/kWh shortfallReimburse percentage of expenditures, depending on performance up to 8%US - MassachusettsNo0.05 USD/kWhA function of 3 separate components : administration of programs (0.0065 - 0.007 USD/USD of total benefit), net lifetime benefit (0.0067 - 0.0081 USD/USD of net benefit) and performance mechanism which is remandedUS - MinnesotaNoNoneUp to 30% expenditure reimbursement for high performance utilitiesUS - New YorkNoUp to 0.3885 USD/kWh, depending on the performanceUp to 0.3885 USD/kWh, depending on the performanceUS - TexasNoNone1% of the net benefit for every 2% exceeding the target + additional reward for certain programmesUS - VermontNoNoneup to 2.7% of the 3-year-plan budget

Sheet2/Australia - New South WalesAUD 24.86 1 CO2 10 Australia - South Australia 2 AUD 10000 AUD 70 1 CO2 AUD 500 energy audit Australia - VictoriaAUD 41.23 1 CO2 Beligum - Flanders EUR 0.10/kWH Canada - Ontario (kWh): 80% 150% CAD 0.30 1.80 (kW): 80% 150% CAD 13.50 81.00ChinaDenmark EUR 0.10/kWh France EUR 0.02/kWh cumac ()cumac = cumulative and discountedItaly EUR 25000 - 155 if 60% target is met5% premium over energy savedKoreaPolandUp to EUR 2mUnited KingdomCase-by-casesome measure grant special coefficientmost recent = 10.6 fine + 1 million penalty for 2.12 ktCO2 shortfall (succeed only 62.4% of its obligation)US - CaliforniaTriggered if lower than 65%Applicable when exceed 80% of target. The incentive is capped at 450m but less than 1% of total saleUS - Connecticut0.55 USD/kWh shortfallReimburse percentage of expenditures, depending on performance up to 8%US - Massachusetts0.05 USD/kWhA function of 3 separate components : administration of programs (0.0065 - 0.007 USD/USD of total benefit), net lifetime benefit (0.0067 - 0.0081 USD/USD of net benefit) and performance mechanism which is remandedUS - MinnesotaUp to 30% expenditure reimbursement for high performance utilitiesUS - New YorkUp to 0.3885 USD/kWh, depending on the performanceUp to 0.3885 USD/kWh, depending on the performanceUS - Texas1% of the net benefit for every 2% exceeding the target + additional reward for certain programmesUS - Vermontup to 2.7% of the 3-year-plan budget