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 October 2018 to 31 December 2018 Quarterly Obligation Period, the Interim Levy Rate is adjusted to £3.669/MWh from £4.080/MWh and the Total Reserve Amount to £48,089,462.30 from £53,479,738.52.
- For the 1 January 2019 to 31 March 2019 Quarterly Obligation Period, the Interim Levy Rate is set to £3.528/MWh and Total Reserve Amount at £73,178,925.22.
On behalf of LCCC, EMRS have issued notices to Suppliers to inform them. EMR Circular 165 provides further information and if Suppliers are required to take any action.