121Limitation on recovery of charges for electricity used by approved facilities

121 Limitation on recovery of charges for electricity used by approved facilities

121 Limitation on recovery of charges for electricity used by approved facilities

(1) A network service provider may only recover 10% of the specified charges associated with the use of an approved facility to produce green hydrogen.

Note—

The Act, section 192(3) provides that the regulations may not have the effect of reducing the total revenue earned by the network service provider under a determination.

(2) A network service provider must comply with subsection (1) for 12 years from the day on which the subsection first applies to the approved facility.

(3) In this section—

relevant distribution charges means—

(a) charges for standard control services, and

(b) designated pricing proposal charges.

specified charges means—

(a) for a transmission network service provider—the transmission charges the provider is entitled to recover under a determination from—

(i) for electricity used by a person to produce green hydrogen—the person, or

(ii) for electricity purchased by a retailer on behalf of a person for the person to produce green hydrogen—the retailer, and

(b) for a distribution network service provider—the relevant distribution charges the provider is entitled to recover under a determination from—

(i) for electricity used by a person to produce green hydrogen—the person, or

(ii) for electricity purchased by a retailer on behalf of a person for the person to produce green hydrogen—the retailer.

transmission charges means charges for—

(a) prescribed transmission use of system services, and

(b) prescribed common transmission services.