Low Yen Ling on Enhanced Central Intermediary Scheme
There are no specific rules or regulations governing commercial agreements between master and sub-accounts made under the Enhanced Central Intermediary Scheme (ECIS). The scheme allows contestable consumers with small solar panel systems to sell their excess electricity into the wholesale electricity market through SP Services as an intermediary. Sub-accounts can do so through the master account after all on-site demand has been fulfilled. They must enter commercial agreements with the master account to share revenues from the sale of power to the grid. Minister of State for Trade and Industry Low Yen Ling said the Government encourages all parties to be fair and transparent in such deals. She was responding to an MP’s questions in Parliament on Tuesday (Nov 29).
There are no specific rules or regulations governing commercial agreements between master and sub-accounts made under the Enhanced Central Intermediary Scheme (ECIS). The scheme allows contestable consumers with small solar panel systems to sell their excess electricity into the wholesale electricity market through SP Services as an intermediary. Sub-accounts can do so through the master account after all on-site demand has been fulfilled. They must enter commercial agreements with the master account to share revenues from the sale of power to the grid. Minister of State for Trade and Industry Low Yen Ling said the Government encourages all parties to be fair and transparent in such deals. She was responding to an MP’s questions in Parliament on Tuesday (Nov 29).
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