S.L. 545.29 Art. 4Rate to be paid for electricity sold to the distribution system operator;

(1) In the case of any cogeneration unit commissioned and connected to the distribution system in terms of regulation 3, the installation operator may:

(a) either sell all the electricity generated by the cogeneration unit to the distribution system operator and be paid by the distribution system operator the proxy for the market price established under the Electricity Regulations; or

(b) generate electricity primarily for own consumption and be paid by the distribution system operator the proxy for the market price established under the Electricity Regulations for any excess electricity generated and exported to the distribution system: Provided that the consumption of the electricity generated, in accordance with this paragraph, may only be done by the installation operator who is a registered consumer with the distribution system operator with respect to the same premises code where the cogeneration unit is installed.

(2) The electricity generated -

(a) from cogeneration units separately installed shall be separately metered; and

(b) from solar photovoltaic installations or other renewable energy sources connected with the same premises code as cogeneration units installed in terms of sub-regulation (1) shall also be separately metered.

(3) In the case where the installation operator takes the option available in terms of sub-regulation (1)(b), the distribution system operator shall install metering equipment to measure all the electricity generated by the cogeneration unit in addition to the import/export metering equipment.

Without prejudice to the generality of the foregoing, subject to the attainment of the consent of the distribution system operator, the installation operator may install metering equipment to measure all the electricity generated by the cogeneration unit as an alternative to the installation of metering equipment by the distribution system operator for the purpose of measuring all the electricity generated by the cogeneration unit.

(4) An installation operator who generates electricity from a cogeneration unit connected with the same premises code as solar photovoltaic installations installed primarily for own consumption and exporting any excess electricity to the distribution system and, or other installations generating electricity from renewable energy other than solar photovoltaic installations, being all installed with the option to generate primarily for own consumption, shall for any excess electricity generated and exported to the distribution system be paid by the distribution system operator at the proxy for the market price established under the Electricity Regulations.