There are four types of REC Registry accounts. Each account type has permissions to access various functions and undertake various activities within the REC Registry, including:
If you choose to assign the right to create small-scale technology certificates (STCs) to an agent you do not need a REC Registry account. For further information on assigning the right to create your certificates to an agent, visit
Using a registered agent.
Account functions, fees and requirements
For general accounts
|
Functions |
Fee |
|---|
- Transfer small-scale technology certificates (STCs) and large-scale generation certificates (LGCs) in the REC Registry.
- Voluntarily surrender STCs and LGCs in the REC Registry.
| |
For registered person accounts
|
Functions |
Fee |
Requirements |
|---|
| | - Fit the criteria of being a
'Legal Person'. If you are applying as a registered person your REC Registry Account name must be a Legal Person and in the case of a company with an ACN, must match the name on the ASIC register.
- Complete the proof of identity verification process
- Read and understand the eligibility requirements for creating
small-scale technology certificates (STCs) prior to registration.
- Be aware of the penalties involved in breaching the
Renewable Energy (Electricity) Act 2000.
- Be aware of the option to assign the right to create STCs to an agent.
- Provide your GST registration status (if applicable)
|
For registered agent accounts
|
Functions |
Fee |
Requirements |
|---|
| - $230.00 GST exempt (a total of $250.00 GST exempt, including the registered person fee ($20 GST exempt), which must also be paid).
| - Complete
SRES Smart prior to completing your application to become a registered agent.
- Fit the criteria of being a
'Legal Person'. If you are registering as a registered agent, your REC Registry account name must be a Legal Person and in the case of a company with an ACN, must match the name on the ASIC register.
- Complete the proof of identity verification process.
- Read and understand the eligibility requirements for
creating STCs prior to registration.
- Be aware of the penalties involved in breaching the
Renewable Energy (Electricity) Act 2000.
- Provide your GST registration status(if applicable)
- For further information about being a Registered Agent, visit the
Agents section.
|
For liable entity accounts
|
Functions |
Fee |
Requirements |
|---|
- Transfer small-scale technology certificates (STCs) and large-scale generation certificates (LGCs) in the REC Registry.
- Surrender STCs and LGCs in the REC Registry.
- Voluntarily surrender STCs and LGCs in the REC Registry.
| | - Contact the Clean Energy Regulator and advise them that you wish to become a RET liable entity.
- For more information about RET liable entities, visit the
Liable entities.
|
For STC Clearing House accounts
|
Functions |
Fee |
Requirements |
|---|
- Buy, sell and transfer STCs on the STC Clearing House.
| | - Complete the proof of identity verification process.
- Provide GST registration status and bank account details.
- You must either already have a general account or apply for a general to apply for this account type. The account types can be applied for at the same time.
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