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30 September 2015

The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount and Interim Levy Rate for the quarterly obligation period 1 January 2016 to 31 March 2016.

On the 30 September 2015 we issued to Suppliers a Reserve Payment Notice, detailing the Total Reserve Amount, the Supplier’s Reserve Payment and the Interim Levy Rate for the quarterly obligation period, which covers 1 January 2016 to 31 March 2016.

EMRC61 provides further details on the following:

  • What is the Interim Levy Rate and Total Reserve Amount?
  • What is used to calculate my Reserve Payment?
  • What is the reference period used?
  • When is the Reserve Payment invoiced?
  • Where is the CFD Reserve Payment guidance document located?
  • When does the CFD Supplier credit cover requirement commence?

Details

Date:
30 September 2015
Event Category: