LCCC has determined the Total Reserve Amount and Interim Levy RatePosted on:
The Low Carbon Contracts Company (LCCC) has determined the Total Reserve Amount and the interim levy rate for the first quarterly obligation period 1 April 2015 to 30 June 2015. (EMRC26)
On behalf of the LCCC we will shortly be sending out reserve payment notices to all licensed electricity suppliers, detailing the reserve payment amounts and the interim levy rate for the first quarterly obligation period.
Further details can be found in EMRC26 where links to the following can be found:
Who does this impact?
This impacts all licensed electricity suppliers. A licensed electricity supplier must pay its share of the Total Reserve Amount in accordance with The Contracts for Difference (Electricity Supplier Obligations) Regulations 2014.
For further information, please email us on [email protected].