On or before Monday 15 February 2021, liable entities who made a relevant acquisition in 2020 must comply with their
Renewable Energy Target (RET) obligations by:
If information reported in the 2019 EAS has changed, you must also lodge an amendment to the 2019 EAS. Amendments can result from changes to Australian Energy Market Operator (AEMO) or AEMO Western Australia final settlement data or revised meter data.
Lodgement and surrender functions are available through the
Liable entities may carry forward less than 10% of their LGC liability in total without incurring a shortfall charge. Shortfall charges apply in all other circumstances where insufficient certificates are surrendered.
Shortfall in any amount can impact a liable entity's eligibility to claim a refund of previously paid shortfall charges. If you are intending on paying shortfall charges, please ensure you seek advice from a tax accountant on the treatment of claiming refunds.
certificate shortfalls are published on our website and in the
RET Administrative Report to Australian Parliament.
contact us as soon as possible if you:
Scheme compliance for more information on the obligations of liable entities.
RETLiability@cleanenergyregulator.gov.au or call us on
1300 553 542 if you have any questions.
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