The Low Carbon Contracts Company (LCCC) is required to determine the Total Reserve Amount (TRA) and Interim Levy Rate (ILR) for the Quarterly Obligation Period 1 October 2022 to 31 December 2022. Once confirmed, on behalf of the LCCC we’ll notify Suppliers in accordance with the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 (the “Supplier Obligation Regulations”) of the Supplier’s Reserve...
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Interim Levy Rate (ILR) for 1 July 2022 to 30 September 2022
On 28 March 2022, LCCC issued a Stakeholder Bulletin to announce for the Quarterly Obligation Period 1 July 2022 to 30 September 2022 the ILR is £0.000/MWh. From 1 July 2022, Suppliers will be required to maintain Credit Cover using the ILR of £0.000/MWh. Further information on the process on lodging or requesting excess Credit Cover... |
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