What is the difference between the EEG (Base) and the EEG (Advanced)?

Unlike the EEG (Base), the EEG (Advanced) can support non-pre-approved equipment as long as the equipment demonstrates energy savings above 350 tonnes of lifetime carbon abatement. Support under the EEG (Advanced) is based on the lower of

(i) support levels under the EEG (Base) according to company’s size⁴, or
(ii) based on the equipment’s expected lifetime carbon abatement. Support will be capped at $350,000 across all of a company’s EEG (Base) and EEG (Advanced) applications.

Companies applying for the EEG (Advanced) would also need to submit a third-party assessment report from a whitelisted third-party qualified assessor on the projected energy savings that the purchase of the energy efficient equipment would generate. This is not required for EEG (Base).

⁴ This will be 70% and 30% of energy efficient equipment costs for SMEs and non-SMEs respectively.