Liable entities

Suggested Reading

05 May 2022

RET

The Clean Energy Regulator (the agency) administers the Renewable Energy Target (RET) scheme, which creates demand for renewable energy by requiring liable entities to surrender large-scale generation certificates (LGCs) and small-scale technology certificates (STCs).

A liable entity is a person or company who makes a relevant acquisition of electricity. A relevant acquisition can include, but is not limited to:

Acquiring electricity from AEMO and supplying it to end users (wholesale).
Acquiring electricity from AEMO for own use on site (wholesale).
Acquiring electricity from a generator and supplying it to end users (wholesale).
Acquiring electricity from customer-owned photovoltaic systems and supplying it to other customers within the distribution network (wholesale).
Generating electricity and supplying it directly to end users (notional wholesale).

New liable entities	Changing the required surrender amount	Lodging an Energy Acquisition Statement (EAS)	Key dates for liable entities
For liable entities who have begun making relevant acquisitions, learn how to apply to the agency to set your surrender amounts.	For existing liable entities, learn how to apply to the agency to change your surrender amounts.	For existing liable entities, learn how to lodge your annual EAS.	Learn more about key dates and deadlines for liable entities.

How many certificates do I need to surrender?	How do I surrender certificates?
Find more information about how to calculate how many LGCs and STCs you need to surrender.	Find more information about how to surrender LGCs and STCs and where you can get them.

Shortfall and shortfall charges	Refunding large-scale generation shortfall charges
Learn more about certificate shortfall, shortfall charges and when they are payable	Learn how to make a claim for the refund of large-scale generation shortfall charges

Certificate shortfall register	Scheme compliance
A list of all liable entities with STC or LGC shortfall and the associated charges. with STC or LGC shortfall and the associated charges.	Learn more about how the agency manages compliance for liable entities.