OpenLegislation

Paragraph 4 Capacity market supplier charge: monthly calculations

Original text. Later amendments are not shown.

(1)

The Settlement Body must, by no later than the first day of each month (“month M”) of a delivery year calculate for each electricity supplier (“S”) the monthly capacity market supplier charge (“MCMSCsm”) payable by S in respect of month M.

(2)

If the date on which the Settlement Body calculates MCMSCsm (“the calculation date”) is before the date on which the Settlement Body makes the calculations required by paragraph 3, then MCMSCsm is equal to PMCMSCsm.

(3)

If the calculation date is on or after the date on which the Settlement Body makes the calculations required by paragraph 3, then MCMSCsm is equal to RMCMSCsm.

(4)

In this paragraph—

  • “PMCMSCsm” means the amount calculated under paragraph 2(1)(c) for electricity supplier S and month M;

  • “RMCMSCsm” means the amount calculated under paragraph 3(1)(c) for electricity supplier S and month M.