Loading Events

« All Events

  • This event has passed.

Date: 1 July 2021

The ILR is £6.373/MWh for Quarterly Obligation Period 1 July 2021 to 30 September 2021.

The table below shows the key dates for the 1 July 2021 to 30 September 2021 Quarterly Obligation Period.

Date Activity
30 June 2021 Suppliers to ensure their Credit Cover lodged is sufficient for ILR of £6.373/MWh from the 1 July 2021 to 30 September 2021
1 July 2021 ILR of £6.373/MWh applies for 1 July 2021 to 30 September 2021
12 July 2021 Suppliers to be invoiced for the first Interim Rate payment based on £6.373/MWh applies for 1 July 2021 to 30 September 2021

 

On 28 June 2021, LCCC issued a Stakeholder Bulletin to announce the Quarterly Obligation Period 1 July 2021 to 30 September 2021 adjusted the Interim Levy Rate from £8.608/MWh to £6.373/MWh. We have published supporting information to help Suppliers.

If Suppliers need to lodge additional Credit Cover the process is detailed in WP42 – Supplier CFD Credit Cover and G5 – Supplier CFD Credit Cover. Further details are available in the ‘LCCC determine Total Reserve Amount and Interim Levy Rate for 1 July 2021 to 30 September 2021’ news item.

Details

Date:
1 July 2021
Event Tags: