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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 23B

How many certificates may be created

Number of certificates

  (1)   The number of certificates (subject to subsection   (2), each representing 1 MWh) that may be created in relation to a small generation unit is to be determined in accordance with the regulations.

Regulations may multiply number of certificates

  (2)   The regulations may provide that, in the circumstances specified by the regulations, the number of certificates that may be created in relation to a small generation unit that is installed during a period specified in column 1 of an item in the following table is to be multiplied by a number that does not exceed the number specified in column 2 of the item.

Note:   The regulations may make provision in relation to the time at which a small generation unit is taken to have been installed (see subsection   23A(2)).

 

Multiplier for certificates for small generation units

Item

Column 1
Period

Column 2
Number

1

9   June 2009 to 30   June 2010

5

2

1   July 2010 to 30   June 2011

5

3

1   July 2011 to 30   June 2012

5

4

1   July 2012 to 30   June 2013

4

5

1   July 2013 to 30   June 2014

3

6

1   July 2014 to 30   June 2015

2

  (3)   However, subject to subsections   (3A) and (3C), the regulations may provide for a number of certificates to be multiplied only if the certificates relate to not more than the first 3kW of the rated power output of the small generation unit.

  (3A)   However, in the case of an off - grid small generation unit, the regulations must provide for a number of certificates to be multiplied only if the certificates relate to the first 20kW of the rated power output of the unit.

  (3B)   In subsection   (3A):

"off-grid small generation unit" means:

  (a)   a small generation unit at least 1 kilometre from the nearest main - grid line; or

  (b)   in the case of a small generation unit less than 1 kilometre from a main - grid line--the owner has provided written evidence from the local network service provider that the total cost of connecting the unit to the main - grid is more than $30,000, making it uneconomic to connect the unit to the main - grid.

  (3C)   The regulations must provide that the number of certificates that may be created under subsection   (3A) as a result of a multiplier in subsection   (2) for a period specified in column 1 of an item in the following table must not exceed the number specified in column 2 of the item.

 

Maximum number of certificates created under subsection   (3A)

Item

Column 1
Period

Column 2
Number

1

1   July 2010 to 30   June 2011

250,000

2

1   July 2011 to 30   June 2012

250,000

3

1   July 2012 to 30   June 2013

200,000

4

1   July 2013 to 30   June 2014

150,000

5

1   July 2014 to 30   June 2015

100,000

  (4)   For the purposes of this Act, a certificate created in accordance with the regulations as mentioned in subsection   (2) has a value of 1 MWh (even though the certificate does not actually represent 1 MWh).


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