Individuals or companies that wish to use the Renewable Energy Certificate Registry (REC Registry) must create an account. This enables them to own and trade (transfer) registered certificates or make mandatory or voluntary certificate surrender offers. If the individual or company wishes to sell small-scale technology certificates through the Small-scale Technology Certificate Clearing House (STC Clearing House), a facility available in the REC Registry, they must register with the STC Clearing House and provide proof of identity.
An individual or company that wishes to create certificates must also apply to become a ‘registered person’, as defined under the Act, and pay a $20 application fee.
A registered person may:
During 2013, the Clean Energy Regulator:
The registrations covered a range of individuals and companies seeking to create certificates for renewable energy power stations or small-scale systems.
Agents include retailers, installers and traders. Agents take responsibility for small-scale technology certificates and provide small-scale system owners with a financial benefit, such as a discount on the price of the installation. Small-scale system owners assign their certificates to the agent by signing an assignment form after the system has been installed and demonstrated to be working.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.