S.L. 545.34 Art. 54AProxy for the market price. 

(1) The distribution system operator shall offer to purchase all electricity generated and exported to the grid from any approved installation generating electricity from renewable energy or high-efficiency cogeneration plant at the proxy for the market price determined in the Fourth Schedule, until such time as any organised electricity marketplace in which such producers are able to sell their electricity becomes accessible:

Provided that the distribution system operator shall continue to offer to purchase all electricity generated and exported to the grid from any approved small scale installation generating electricity from renewable energy thereafter:

Provided further that for the purposes of this regulation an installation generating electricity from renewable energy shall be considered small scale if its capacity is below:

(a) 400kW for power-generating facilities commissioned until 31st December 2025; or

(b) 200kW for power-generating facilities commissioned from 1 January 2026."

(2) The proxy for the market price for electricity for the particular year shall be approved by the Regulator.

(3) The Regulator may define which cost items may be considered in the determination of the proxy for the market price of electricity incurred by the distribution system operator.