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3.5 STC Key dates

DateEventSignificance
29 October 2021 to 14 February 2022Quarter 4 surrender period

A liable entity must surrender 15% of liability for the year in the REC Registry for this quarter.

STC surrender liability for the fourth quarter of an assessment year must be made with the liable entity's energy acquisition statement for the year.

31 December 2021 Application for liable entity required surrender amount dueThe final date for liable entities to apply to set their required surrender amount for quarters 1 to 3 where no energy acquisition statement was lodged by 1 April of the assessment year.
30 March 2022STP announced on or before this dateThe SRES aims to balance supply and demand by requiring all STCs that are created to be surrendered over time. To do this, the STP is set each year to require liable entities to surrender to the Clean Energy Regulator the same number of STCs as the number that are estimated to be created in that year, plus or minus an adjustment for previous under- or over-surrender.

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