174   Annual report by Scheme Regulator

(1)  As soon as practicable after 1 March (but on or before 31 July) in each year, the Scheme Regulator must prepare and forward to the Minister a report on the extent to which scheme participants have complied, or failed to comply, with individual energy savings targets during the previous year.

(2)  Without limiting the above, the report is to contain the following:

(a)  the name of each scheme participant and the performance of the participant in relation to the participant’s individual energy savings target in the year to which the report relates,

(b)  the total number of energy savings certificates surrendered in the year to which the report relates,

(c)  the total number of energy savings certificates created in the year to which the report relates,

(d)  an estimate, prepared by the Scheme Administrator, of the actual energy savings that have been realised under the scheme in the year to which the report relates (having regard to the number of energy savings certificates that have been created),

(e)  an estimate, prepared by the Scheme Administrator, of the actual energy savings that will be realised under the scheme in the next 10 years (having regard to the number of energy savings certificates that have been created).

(3)  The report must also set out the functions delegated by the Scheme Regulator or Scheme Administrator and the person or body to whom they were delegated.

(4)  The Minister must lay the report or cause it to be laid before both Houses of Parliament as soon as practicable after receiving the report.

(5)  For the purposes of enabling the Scheme Regulator to compile a report under this section, the Scheme Administrator must furnish the Scheme Regulator with:

(a)  the estimates the Scheme Administrator is required to prepare for inclusion in the report, and

(b)  such other information as the Scheme Regulator reasonably requires to complete the report.

(6)  The first report under this section is to be made in the year 2010.