Posted on: 18/03/2024

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 £11.522/MWh is effective from 1 April 2024 to 30 June 2024.

If a Supplier is required to lodge additional Credit Cover, please ensure you have sufficient Credit Cover lodged by 5:00pm on 28 March 2024.

WP42 – Supplier CfD and Nuclear RAB Credit Cover provides details on the process for lodging Credit Cover including the Letter of Credit templates (p37-46) and the approved bank account details for cash Credit Cover (p6).

We have published supporting information about how to lodge Credit Cover for Suppliers in our News Section on the website.