Updates from LCCC on the Interim Levy Rate and Total Reserve AmountPosted on:
Low Carbon Contracts Company (LCCC) has determined the following:
- Adjust the Interim Levy Rate to £2.856/MWh from £3.149/MWh and Total Reserve Amount from £37,917,807.57 to £30,679,482.41 for the Quarterly Obligation Period 1 January 2018 to 31 March 2018; and
- Set the Interim Levy Rate to £3.820/MWh and Total Reserve Amount at £32,136,453.29 for the Quarterly Obligation Period 1 April 2018 to 30 June 2018.
On behalf of LCCC, we have issued notices to Suppliers to inform them. EMRC145 provides further information and if Suppliers are required to take any action.