Suppliers to receive repayment of excess Operational Costs and Settlement Costs Levy refund for Financial Year 2016/17Posted on:
EMRC133 was issued to communicate, that on behalf of Low Carbon Contracts Company (LCCC) and Electricity Settlements Company (ESC), confirms for the Financial Year 2016/17 (1 April 2016 to 31 March 2017):
- A repayment of excess CFD Operational Costs will be issued to Suppliers based on the Total Repayment of Excess Operational Costs: £3,801,778.38
- CM Settlement Costs Levy refund will be issued to Suppliers based on the Total Settlement Costs Levy Refund: £1,373,030.76
On 18 September 2017 Suppliers will receive a credit note for both repayment of excess CFD Operational Costs and CM Settlement Costs Levy refund with a payment date of 25 September 2017.