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Clean energy advance daily rate

The clean energy advance daily rate is the daily rate used to calculate a clean energy advance and is calculated under section 61D of the VEA, section 424F of the MRCA, section 3A.3.1 of the VCES and section 3A.3.1 of the MRCAETS.



The clean energy advance is an upfront lump sum payment, paid in respect of a clean energy advance period. It is designed to help recipients meet the cost of living impact of the carbon price. Clean energy advance payments are excluded income for income support purposes.    



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