Suppliers are required to maintain their Credit Cover requirement using the Interim Levy Rate applicable for the Quarterly Obligation Period. The Interim Levy Rate of £7.608/MWh is effective from 1 January 2025 to 31 March 2025. If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 31 December 2024. We...
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Tier 1 Disputes Applicant Credit Cover Deadline
Following Tier 1 Disputes Results Day on 10 December 2024, those Conditionally Prequalified Applicants are required to provide Credit Cover within 15 Working Days (WDs) after Tier 1 Disputes Results Day; this deadline is 3 January 2025. Our Working Practice, WP35 – Applicant Credit Cover will provide you with the templates for Letter of Credit and... |
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LCCC’s Forecasting Team are hosting a webinar on the Interim Levy Rate and Total Reserve Amount forecast for Q2 2025. Also, they will cover the outcome from how the Q4 2024 performed against the forecast. To secure your spot at this webinar, please do register here. If you have any suggestions or feedback on what else... |
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