Annual renewable energy shortfall statements
46 Annual renewable energy shortfall statements
There are 2 different types of renewable energy shortfall statement:
a large‑scale generation shortfall statement (see subsections (2) and (3)); and
a small‑scale technology shortfall statement (see subsections (4) and (5)).
Large‑scale generation shortfall statement
A liable entity that has a large‑scale generation shortfall for a year (the assessment year) must lodge a large‑scale generation shortfall statement for the year on or before:
14 February in the next year; or
any later day allowed by the Regulator.
The statement must set out:
the name and postal address of the liable entity; and
the liable entity’s large‑scale generation shortfall for the assessment year; and
the amount of any carried forward shortfall or carried forward surplus that the liable entity had for the previous year; and
either:
the amount of carried forward shortfall that the liable entity has for the assessment year; or
the amount of large‑scale generation shortfall charge that is payable by the liable entity for the assessment year; and
any other information required by the regulations.
Small‑scale technology shortfall statement
A liable entity that has a small‑scale technology shortfall for a year (the assessment year) must lodge a small‑scale technology shortfall statement for the year on or before:
14 February in the next year; or
any later day allowed by the Regulator.
The statement must set out:
the name and postal address of the liable entity; and
the liable entity’s small‑scale technology shortfall for the assessment year; and
the amount of small‑scale technology shortfall charge that is payable by the liable entity for the assessment year; and
any other information required by the regulations.
General requirements for statements
A statement under this section must:
be in a form approved by the Regulator; and
be lodged with the Regulator in accordance with the regulations; and
be signed by or on behalf of the liable entity making the statement.
This provision refers to the regulations (the regulations
). Made under this Act:
- Renewable Energy (Electricity) Regulations 2001 · under s 161
This Act’s bill:Explanatory memorandumSecond reading speech
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