2012 – 2013 non-binding STPs have been revised
Due to recent legislative changes and after having received independent data, the Regulator has revised the 2012 – 2013 non-binding STPs.
The non-binding Small-scale Technology Percentage (STP) published on 29 July 2011 under section 40B of the Act for:
- 2012 is 20.87 percent (equivalent to 38.5* million Small-scale Technology Certificates (STCs) as a proportion of total estimated liable electricity for the 2012 year)
- 2013 is 6.25 percent (equivalent to 12.1 million STCs as a proportion of total estimated liable electricity for the 2013 year)
* Includes an estimate of 20.1 million excess STCs to be created in 2011, over the 28 million estimate used in setting the legislated 2011 STP in December 2010. Also includes an updated estimated total of 18.4 million STCs to be created in 2012.
ORER asked ACIL Tasman, an independent consultant, to provide and update estimates of the number of STCs likely to be created in 2011, 2012 and 2013.
For the full report see the STC modelling reports.
Date last updated: 03 Apr 2012