Updates from LCCC on the Interim Levy Rate and Total Reserve AmountPosted on:
Low Carbon Contracts Company (LCCC) has determined the following:
- For the 1 July 2018 to 30 September 2018 Quarterly Obligation Period, the Interim Levy Rate is adjusted to £3.899/MWh from £4.224/MWh and the Total Reserve Amount to £24,296,395.24 from £31,981,875.00.
- For the 1 October 2018 to 31 December 2018 Quarterly Obligation Period, the Interim Levy Rate is set to £4.080/MWh and Total Reserve Amount at £53,479,738.52.
On behalf of LCCC, EMRS have issued notices to Suppliers to inform them.
EMR Circular 159 provides further information and if Suppliers are required to take any action.