Under Regulation 22ZH of the Regulations, the Clean Energy Regulator is required to estimate and publish the volume weighted average market price for a LGC for the 2013 year, by 31 October 2012.
The Clean Energy Regulator estimated the volume weighted average market price for a LGC for the 2013 year at $38.69 and published this, along with the methodology used to estimate the volume weighted average market price, on the Clean Energy Regulator website. The volume weighted average market price for a LGC for the 2013 year is factored into the calculation of the partial exemption assistance rate for the year.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.