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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 34A

Overview of Part

This Part deals with liability to renewable energy shortfall charge.

There are 2 types of renewable energy shortfall charge:

               (a)     large-scale generation shortfall charge (see Subdivision B of Division 1), which is calculated by reference to a liable entity's relevant acquisitions of electricity, its partial exemptions, the number of large-scale generation certificates it surrenders and the renewable energy power percentage; and

              (b)     small-scale technology shortfall charge (see Subdivision C of Division 1), which is calculated by reference to a liable entity's relevant acquisitions of electricity, its partial exemptions, the number of small-scale technology certificates it surrenders and the small-scale technology percentage.

Division 1A deals with the determination of the amount (if any) of a liable entity's partial exemption from charge.

Division 2 deals with the renewable power percentage for large-scale generation shortfall charge.

Division 2A deals with the small-scale technology percentage for small-scale technology charge.

Division 3 deals with other matters related to renewable energy shortfall charge.


 



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