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Delivering units and receiving payment

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16 November 2017

By each scheduled delivery date you must transfer the set amount of Kyoto Australian carbon credit units (ACCUs) from your Australian national registry of emissions units (ANREU) account to the Clean Energy Regulator’s ANREU account.

Delivery of units

Kyoto ACCUs are considered ‘delivered’ under carbon abatement contract when they have been transferred from your ANREU account, into the Clean Energy Regulator’s ANREU delivery account. See more about how to transfer ACCUs.

After you have transferred the Kyoto ACCUs to the Clean Energy Regulator, to receive payment you must send an invoice to erf-contracts@cleanenergyregulator.gov.au.

The invoice must include the:

  • ANREU account number from which the delivery has been made
  • scheduled delivery date
  • number of Kyoto ACCUs delivered
  • amount payable by the Clean Energy Regulator for that delivery
  • relevant Australian business number (ABN), and
  • contract identification number.

If you have not provided your ABN to the Clean Energy Regulator then you will need to provide it on your invoice before your payment will be processed.

Please ensure the information you provide on the invoice is complete and accurate to prevent unnecessary delays in you receiving your payment.

Early delivery of Kyoto ACCUs in the same financial year

If your project has been issued Kyoto ACCUs prior to the scheduled delivery date then you may be able to deliver the units early, and receive payment.

The Clean Energy Regulator will accept an early delivery of Kyoto ACCUs if the early delivery date is in the same financial year as your scheduled delivery date. In these circumstances, you do not need to notify us of your intention to deliver early, and you can deliver the units and invoice to Clean Energy Regulator in the same way that you would for a standard delivery.

Early delivery of Kyoto ACCUs across financial years

If your intended delivery date is in a different financial year to your scheduled delivery date, you need to notify us by requesting early delivery at least 20 business days before you intend to deliver.

To request an early delivery across financial years you need to provide the:

  • original contracted scheduled delivery date and quantity
  • quantity of Kyoto ACCUs that will be delivered early, and
  • date that you will deliver the Kyoto ACCUs to the Clean Energy Regulator’s ANREU account.

You must always ensure you have approval from the Clean Energy Regulator for early delivery across financial years, as requests are subject to annual budget constraints.

Receiving payment

Payment is made to the bank account you have nominated for your contract within 20 business days from our receipt of your invoice provided the information on the invoice is complete and accurate, and the relevant units have been delivered to the Clean Energy Regulator’s ANREU delivery account.

The bank account details we hold for you is in the commercial terms of your contract. Please ensure this information is current.

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