Headlines
In the week ending Nov 4th 2018, ESC creation was as follows:
- Weekly creation was 440,463 an increase of 113% compared to the previous week’s creation of 206,674
- The average for the last 3 weeks is 223,095 ESCs
- Commercial Lighting contributed 432,634 ESCs (98%) compared to 186,395 ESCs (90%) the previous week
- The ESC spot price was $19.10 COB Friday, down from $19.20 the previous Friday
- There were 19 Commercial Lighting ACPs who created this week
- This large creation is attributed to the Rule change on November 1st, where the asset lifetimes are changing based on the type of building. Any ESCs created from 1 November are assessed under the new Rule
Analysis
The graph below shows the overall trend of total ESCs registered each week.