Victorian Consolidated Legislation

Electricity Industry Act 2000 - SECT 40J

Commission assessment of small renewable energy generation prices, terms or conditions

40J. Commission assessment of small renewable energy generation prices, terms
or conditions



(1) The Commission must-

   (a)  assess the referred prices, terms and conditions as to whether they
        are fair and reasonable; and

   (b)  report to the Minister on that assessment.







(2) If the Commission assesses any of the referred prices, terms and
conditions as not being fair and reasonable, the Commission must, in its
report to the Minister, recommend to the Minister prices, terms and conditions
it considers are fair and reasonable.

(3) ESC recommended prices, terms and conditions must include either or both
of the following-

   (a)  a variation to any price, term or condition that the Commission has
        (as part of the assessment) assessed as not being fair and reasonable
        to make that price, term or condition fair and reasonable;

   (b)  a new price, term or condition to apply in substitution of a price,
        term or condition that the Commission has (as part of the assessment)
        assessed as not being fair and reasonable.

(4) A decision of the Commission relating to an assessment, or a
recommendation in a report (including ESC recommended prices, terms and
conditions), under this section is not a determination for the purposes of the
Essential Services Commission Act 2001.