On behalf of Low Carbon Contracts Company (LCCC), we have issued a notice to Suppliers to inform them that the Total Reserve Amount (TRA) and the Interim Levy Rate (ILR) for Quarterly Obligation Period 1 July 2019 to 30 September 2019 are as follows:
- Total Reserve Amount is £50,027,821.65
- Interim Levy Rate is £5.448/MWh
LCCC Forecasting team will be hosting a webinar on the Supplier Obligation Levy Rate and Total Reserve Amount determined for the Quarterly Obligation Period 1 July 2019 to 30 September 2019 at the earliest opportunity. This will include the background and assumptions applied and provide a 15 month forecast. To register for this webinar please email LCCC.
EMRC176 provides further details and highlights the keys dates for the Quarterly Obligation Period 1 July 2019 to 30 September 2019.