# The Electricity Capacity Regulations 2014, Paragraph 9: Settlement costs levy: the first levy period


(1) The Settlement Body must, in respect of the first levy period, calculate the amount of settlement costs levy (“ S L s ”) to be paid by each liable electricity supplier (“S”) in accordance with the formula—
S L s =PA× D s ∑ D s .
(2) In this paragraph—
“ D s ” means the net demand of S for the first levy period;
“ ∑ D s ” means the sum of the net demand of all liable electricity suppliers for the first levy period;
“the first levy period” has the same meaning as in regulation 44;
“liable electricity supplier” has the same meaning as in regulation 44;
“net demand” means the sum of the demand for active energy for which an electricity supplier is responsible including demand directly connected to the transmission system or a distribution network, less the output of any generation for which an electricity supplier is responsible that is connected to a distribution network, and for the purposes of this paragraph net demand cannot be less than zero; and
“PA” means the prescribed amount, as specified in regulation 44(2).

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111116852/schedule/1/paragraph/9 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-regulations-2014/schedule-1/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.