EMRS has issued EMR Circular 130 to inform Suppliers they will receive their schedule of their monthly Capacity Market Credit Cover requirements and Supplier Charges for the upcoming Delivery Year 2017/18 on 31 July 2017.
The schedule contains the following:
- A Supplier’s Credit Cover requirements;
- Monthly deadlines for provision of Credit Cover; and
- A Supplier’s monthly Supplier Charges.
Suppliers are required to lodge Credit Cover by no later than 12 Working Days before the start of a month within a Delivery Year. The first deadline to lodge Credit Cover is 13 September 2017.
Suppliers will be invoiced for October’s Supplier Charge on 2 October 2017 and the payment will be due on 9 October 2017.