Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) For section 6 (3), payment must be at the following rate:
(a) for electricity generated by a micro renewable energy generator—
(i) if an eligible entity entered into a contract for the installation of the generator before 1 June 2011—
(A) 100% of the premium rate; or
(B) if a lower percentage is determined under section 9 for this paragraph—that percentage of the premium rate; or
(ii) if an eligible entity entered into a contract for the installation of the generator on or after 1 June 2011—
(A) 66% of the premium rate; or
(B) if a lower percentage is determined under section 9 for this paragraph—that percentage of the premium rate;
(b) for electricity generated by a medium renewable energy generator—
(i) if an eligible entity entered into a contract for the installation of the generator before the relevant date—
(A) 75% of the premium rate; or
(B) if a lower percentage is determined under section 9 for this paragraph—that percentage of the premium rate; or
(ii) if an eligible entity entered into a contract for the installation of the generator on or after the relevant date—
(A) 66% of the premium rate; or
(B) if a lower percentage is determined under section 9 for this paragraph—that percentage of the premium rate.
(2) Payment must be made to the eligible entity quarterly in arrears for the total amount of electricity generated by the generator.
(3) In this section:
"relevant date" means the day the Electricity Feed-in (Renewable Energy Premium) Amendment Act 2011 (No 2) commenced.