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Bounty Scheme
Rules

Bounty Scheme Rules

Bounty payments are intended for the removal of qualifying old (failed or operational) motors from active motor systems, where the replacement motors comply with the 2006 MEPS efficiency specifications.

Before you make an application for a Motor Bounty, it is important that you read and understand the following Motor Bounty Scheme rules.

  • Acceptance of motors into the Motor Bounty scheme is at the discretion of Energy Associates Limited.
  • The Bounty structure and payment rates are reviewable and any amount paid will be based on the rates listed on the Motor Bounty website on the day the qualifying motor(s) was accepted for a Bounty payment.
  • Motor users need to complete a Bounty Scheme Participation Agreement (provided by their Accredited Service Provider) to be eligible to take part in the Scheme. This only needs to be done once.
  • The scheme uses public funds and the Bounty Scheme Participation Agreement includes provision for auditing to ensure funds are used appropriately.
  • Motor users choose their motor supplier(s) and their Accredited Service Provider.
  • Each Bounty claim by a motor user must be verified by an Accredited Service Provider (i.e. a service provider accredited to the Scheme by Energy Associates Limited).
  • The costs and responsibility for transporting (if required) the removed motor(s) to an Accredited Service Provider’s premises are not covered by the Scheme. Motor users can independently contract Accredited Service Providers to assist them to identify and transport qualifying motors.
  • Accredited Service Providers are responsible for verifying that motor details, including operational status and Bounty payment claims, are legitimate. They are also responsible for managing bountied motors through to disposal.
  • All motors for which a Bounty has been paid must be permanently disabled so as to be unfit for use in any market.
  • The Bounty payments are paid directly to motor owners by the Energy Efficiency and Conservation Authority. Payments will be direct credited into motor owners’ nominated bank accounts and be accompanied by IRD-approved ‘buyer created tax invoices’.
  • A replacement motor needs to be put into service within 4 weeks of the motor it replaced being accepted into the Scheme. The new motor must also be installed in an application whose operational requirements could have been met by the removed motor.
  • A Motor Bounty may be reserved for the future removal and replacement of an in-service motor. For motors accepted into the Scheme on this basis, the Bounty will be paid at the time the new motor is installed, provided that is within the timeframe agreed with Energy Associates Limited.
  • In cases where there is no firm commitment to installing a new MEPS 2006 compliant replacement motor, a Bounty payment might be available for the disposal of the old motor. Any such payment would be by negotiation with Energy Associates Limited.
  • The Bounty Scheme duration, structure and payment rates are at the discretion of the Energy Efficiency and Conservation Authority.