Paragraph 6 Penalty residual supplier amount

(1)

The Settlement Body must, as soon as reasonably practicable after the end of a delivery year (“year X”), calculate for each electricity supplier (“S”) the penalty residual supplier amount (“PRSA_sx”) which is due to S in respect of year X.

(2)

PRSA_sx must be calculated in accordance with the formula—

P R S A_{s x} = (T P R_{x} - \sum_{i} O D P_{i x}) \times \frac{C M S C P_{s x}}{\sum_{s} C M S C P_{s x}} .

(3)

In paragraph (2)—

“CMSCP_sx” means the total amount of capacity market supplier charges paid by S in respect of year X;
“∑_iODP_ix” means the sum of the amounts calculated under paragraph 7(1)(c) of Schedule 1 to the Principal Regulations for all relevant CMUs (within the meaning given in that paragraph) for year X;
“TPR_x” means the total amount of capacity market penalty charge payments received by the Settlement Body under the Principal Regulations in respect of year X.