South Australian Current Regulations

ELECTRICITY (GENERAL) REGULATIONS 2012 - REG 34

34—Energy productivity shortfalls

        (1)         For the purposes of section 94B of the Act, a "relevant electricity retailer is a retailer who is subject to the application of this Part (including on account of regulation 26(5) or 27(4)).

        (2)         For the purposes of section 94B(13)(a) of the Act, the requirements imposed under this Part on a retailer—

            (a)         to undertake energy productivity activities under regulation 26 sufficient to achieve the relevant EPT; and

            (b)         to undertake energy productivity activities under regulation 27 sufficient to achieve any relevant primary subtarget or secondary subtarget,

constitute the activities relating to energy productivity in which a relevant electricity retailer must engage, and for the purposes of that section the retailer must engage in those activities to the extent necessary to achieve compliance with regulation 26(2) or 27(2) (as the case requires).

        (3)         For the purposes of section 94B(13)(b) of the Act, the extent of an energy productivity shortfall with respect to a particular year—

            (a)         will be determined in relation to each of the activities referred to in subregulation (2)(a) and (b); and

            (b)         will be as follows:

                  (i)         in relation to energy productivity activities under regulation 26—an amount equal to the energy productivity shortfall applying to the retailer for that year;

                  (ii)         in relation to energy productivity activities under regulation 27 relating to a primary subtarget or secondary subtarget—an amount equal to the energy productivity shortfall for the primary subtarget or secondary subtarget (as the case requires) applying to the retailer for that year.

        (4)         For the purposes of section 94B(2)(a) of the Act, the prescribed base penalty is $10 000 for each category of shortfall identified under subregulation (3).

        (5)         For the purposes of subsection (2)(b) of section 94B of the Act, the amount payable under that subsection will be—

            (a)         in the case of an energy productivity shortfall under subregulation (3)(b)(i)—the amount constituting the energy productivity shortfall (expressed in normalised gigajoules) multiplied by $21.45; or

            (b)         in the case of an energy productivity shortfall under subregulation (3)(b)(ii)—the amount constituting the energy productivity shortfall for the relevant primary subtarget or secondary subtarget (expressed in normalised gigajoules) multiplied by $21.45.