ELECTRICITY INDUSTRY ACT 2000 - SECT 40FH Distribution company licences to require credits for qualifying solar energy generation electricity and TFiT scheme electricity

ELECTRICITY INDUSTRY ACT 2000 - SECT 40FH

    (1)     This section applies to a distribution company—

        (a)     whose licence to distribute electricity includes a condition of the kind provided for under section 21(d) (a  use of system agreement condition ); and

        (b)     that, in accordance with the use of system agreement condition, has entered into an agreement of the kind contemplated by section 21(d) with a relevant licensee or small retail licensee (a  use of system agreement ).

    (2)     Without limiting the generality of section 20(2) or  20(3) or section 21, the licence to distribute electricity held by that distribution company is deemed to include a condition requiring that distribution company to include in a use of system agreement with a relevant licensee or small retail licensee, a condition that credits to the relevant licensee or small retail licensee the amount of $0.60 per kilowatt-hour for qualifying solar energy generation electricity that is conveyed along a distribution system operated by that distribution company during the distributor obligation period.

S. 40FH(2A) inserted by No. 64/2011 s. 10(2).

    (2A)     Without limiting the generality of section 20(2) or (3) or section 21, the licence to distribute electricity held by that distribution company is deemed to include a condition requiring that distribution company to include in a use of system agreement with a relevant licensee or small retail licensee, a condition that credits to the relevant licensee or small retail licensee the amount of $0.25 per kilowatt-hour for TFiT scheme electricity that is conveyed along a distribution system operated by that distribution company during the distributor TFiT obligation period.

S. 40FI inserted by No. 41/2009 s. 5.