The Low Carbon Contracts Company (LCCC) ) has adjusted the Interim Levy Rate (ILR) to £3.899/MWh for the Quarterly Obligation Period 1 July 2018 to 27 August 2018. Suppliers should ensure their lodged Credit Cover is still sufficient. WP42 – Supplier CFD Credit Cover and G5 – Supplier CFD Credit Cover provides details on how to lodge...

The Low Carbon Contracts Company (LCCC) determined the Total Reserve Amount and Interim Levy Rate for the Quarterly Obligation Period 1 July 2020 to September 2020 are as follows: Total Reserve Amount is £77,016,653.44 Interim Levy Rate is £8.532/MWh EMRS have notified Suppliers in accordance with the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 (the “Supplier Obligation Regulations”) of...

The Low Carbon Contracts Company (LCCC) determined the Interim Levy Rate (ILR) as £7.469/MWh for this Quarterly Obligation Period 1 April 2020 to 30 June 2020. Suppliers should ensure their lodged Credit Cover is still sufficient. WP42 – Supplier CFD Credit Cover and G5 – Supplier CFD Credit Cover provides details on how to lodge Credit Cover and how...

In period adjustment to the Interim Levy Rate (ILR) to £0.000/MWh from £1.791/MWh. This is effective from 14 September 2021 to 30 September 2021, the end of the current quarterly obligation period. Further details are available in the News item In Period Adjustment to Interim Levy Rate from 14 September 2021 to 30 September 2021.

When do I need to have my Credit Cover in place? Suppliers are required to lodge Credit Cover by no later than 12 Working Days before the start of a month within a Delivery Year. Suppliers’ first deadline to lodge Credit Cover for October 2021 is by 5:00 p.m. on 15 September 2021. How do...

Suppliers will be invoiced for the first monthly Supplier Charge payment for the 2021/22 Delivery Year. The monthly Supplier Charge will be as detailed in the schedule of monthly Capacity Market Credit Cover requirements and Supplier Charge for 2021/22 Delivery Year issued to Suppliers early August 2021. Further information available: News: Suppliers to receive Capacity...

Suppliers received their revised monthly Capacity Market Credit Cover and Supplier Charge schedule for the 2021/22 Delivery Year. The revised schedule is based on the actual data for the Period of High Demand. This impacts Suppliers who had metered volumes during Period of High Demand in 2021/22 Delivery Year and Suppliers who submitted a demand...

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...

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...

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 April 2023 to 30 June 2023. 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...