The New Zealand market characteristic is similar, just on a smaller scale, with a core group of committed industry participants making up a significant portion of the market plus a long tail of miscellaneous importers. There are several regimes and commercial barriers that already restrict opportunistic importers. These include electrical safety and EMC requirements, product ‘barriers’ support necessary to comply with consumer laws as well as the cost penalty of part loading shipping containers to Australia or New Zealand. There are incremental costs to both Government and industry from introducing and operating an energy efficiency testing and registration program. This has been taken into account in the Cost Benefit Analysis of the RIS modelling (see Table D 2 below). Table D 2: Incremental costs of changed regime. Regulatory cost burden The estimated cost burden’ on Australian companies also needs to be factored ‘regulatory in to the analysis (see Table D3 below). The extra costs are shown for the three regulatory proposals vs Business As Usual. The table shows the annual total regulatory costs per business and per product. These consist of the additional cost for administration time spent to register a product and additional testing costs, but does not include the cost of registration itself. D3: Estimated regulatory burden cost (excluding cost to register in Australia) for – Australian businesses (in $AUD). These calculations appear different from those in Table D 2 (incremental costs of a changed regime) because: Only the costs to Australian businesses are shown here (NZ companies are not included). The cost per registered model can vary from the full cost to much less because a large number of units may be sold against each registered model.
The New Zealand market characteristic is similar, just on a smaller scale, with a core group of committed industry participants making up a significant portion of the market plus a long tail of miscellaneous importers. There are several regimes and commercial barriers that already restrict opportunistic importers. These ‘barriers’ include electrical safety and EMC requirements, product support necessary to comply with consumer laws as well as the cost penalty of part loading shipping containers to Australia or New Zealand. There are incremental costs to both Government and industry from introducing and operating an energy efficiency testing and registration program. This has been taken into account in the Cost Benefit Analysis of the RIS modelling (see Table D 2 below). Table D 2: Incremental costs of changed regime. Regulatory cost burden The estimated ‘regulatory cost burden’ on Australian companies also needs to be factored in to the analysis (see Table D3 below). The extra costs are shown for the three regulatory proposals vs Business As Usual. The table shows the annual total regulatory costs per business and per product. These consist of the additional cost for administration time spent to register a product and additional testing costs, but does not include the cost of registration itself. D3: Estimated regulatory burden cost (excluding cost to register in Australia) – for Australian businesses (in $AUD). These calculations appear different from those in Table D 2 (incremental costs of a changed regime) because: Only the costs to Australian businesses are shown here (NZ companies are not included). The cost per registered model can vary from the full cost to much less because a large number of units may be sold against each registered model.
Decision_RIS_Commercial_Refrigeration_FINAL.docx