22ZEFactor—G

#### 22ZE Factor—G (1) For subregulation 22ZA(1), G is worked out using the following formula:  where: > ECiatfinprev is: (a) for a site that does not meet the criteria specified in subregulation 22ZD(3) for a new entrant—the amount of electricity (measured in MWh) that is consumed at the site at which the activity occurs in the financial year that ended 6 months before the year to which the application relates; or (b) for a site that meets the criteria specified in subregulation 22ZD(3) for a new entrant—the amount of electricity (measured in MWh) that is reasonably likely to be consumed at the site in the financial year that began 6 months before the year to which the application relates. > EGiatfinprev is: (a) for a site that does not meet the criteria specified in subregulation 22ZD(3) for a new entrant—the sum of the following amounts of electricity (measured in MWh) for the financial year that ended 6 months before the year to which the application relates: (i) the amount of electricity generated and consumed at the site for which there is no relevant acquisition; (ii) the amount of electricity delivered to the site for which no relevant acquisition occurs between the point of generation and the point of use; or (b) for a site that meets the criteria specified in subregulation 22ZD(3) for a new entrant—the sum of the following amounts of electricity (measured in MWh) for the financial year that began 6 months before the year to which the application relates: (i) the amount of electricity that is reasonably likely to be generated and consumed at the site for which there is no relevant acquisition; (ii) the amount of electricity that is reasonably likely to be delivered to the site for which no relevant acquisition occurs between the point of generation and the point of use. (2) For the purposes of working out G using the formula in subregulation (1), electricity generation from an electricity generator with a nameplate rating of less than 1 MW may be disregarded.