Regulation 13 Substitution of regulation 37 (calculation of subsequent tariffs)

For regulation 37 substitute—

“Calculation of subsequent tariffs

37.

(1)

The subsequent tariff for an accredited domestic plant is calculated in accordance with this regulation.

(2)

Save as provided in paragraph (3), the subsequent tariff for a financial year is the tariff applicable to the accredited domestic plant immediately prior to the end of the previous financial year, adjusted by the percentage increase or decrease in the relevant measure of inflation for the year ending on 31st December immediately preceding the commencement of the financial year to which the subsequent tariff relates, the resulting figure stated to two decimal places and rounded.

(3)

Where—

(a)

the accredited domestic plant is a biomass plant or heat pump; and

(b)

the tariff start date for that plant is on or after 14th December 2016 but before 1st April 2017,

the subsequent tariff for the period commencing on the second relevant date and ending on 31st March 2018 is the tariff for the plant’s tariff category set out in Schedule 5.

(4)

In this regulation, “relevant measure of inflation” means—

(a)

the retail prices index, if the tariff start date is earlier than 1st April 2016; or

(b)

the consumer prices index, if the tariff start date is on or after 1st April 2016.”.