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29 September 2023
The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the Quarterly Obligation Period 1 Janaury 2024 to 31 March 2024
Once confirmed, we will notify Suppliers in accordance with the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 (the “Supplier Obligation Regulations”) of the Supplier’s Reserve Payment Amount and the Interim Levy Rate.
The CfD Scheme Dashboard illustrates the calculations performed to determine the Interim Levy Rate and Total Reserve Amount. It also provides a 15 month forecast and a Daily Reconciled Levy Rates. You can view the CfD Scheme Dashboard on the LCCC website.