Section 19
Recovery of moneys from Renewable Energy Fund
ActIn forceProvision 19 of 65
Section 19
A distribution licensee shall be entitled to recover from the Fund, a sum equivalent to the difference between—
(a)
the amount of feed-in tariffs paid by the distribution licensee to feed-in approval holders in accordance with section 16; and
(b)
the cost which the distribution licensee would have otherwise had to incur to generate the same amount of electricity generated by such feed-in approval holders based on prevailing displaced cost, in accordance with such procedures and methods of calculation as may be prescribed by the Authority.
Administrative fees