Paragraph 7 Settlement costs levy: provisional calculations

(1)

The Settlement Body must, by no later than the start of a relevant financial year (“year Y”), for each electricity supplier (“S”) calculate—

(a)

S’s provisional share of the settlement costs levy in respect of year Y (“PSL_sy”);

(b)

S’s provisional monthly settlement costs levy in respect of each month of year Y (“PML_sm”).

(2)

PSL_symust be calculated in accordance with the formula—

P S L_{s y} = \frac{A S S P D_{s r}}{\sum_{s} A S S P D_{s r}} .

(3)

PML_sm must be calculated for each month of year Y (“month M”) in accordance with the formula—

P M L_{s m} = A S C L_{y} \times P S L_{s y} \times \frac{1}{12} .

(4)

In this paragraph—

“ASCL_y” is the amount specified in regulation 9(2) as the total amount which may be charged to all electricity suppliers in respect of the settlement costs levy for year Y;
“ASSPD_sr” means—
1. (a)
  
  subject to paragraph (b), the actual net demand of S is responsible during periods of high demand (“AD”) in the relevant months; or
2. (b)
  
  if, at the date on which the calculation in sub-paragraph (2) is to be made, the Settlement Body does not have the data necessary to calculate AD for all electricity suppliers for one or more of the relevant months, AD in the relevant months for which the Settlement Body has that data;
“the relevant months” means November to February of the financial year preceding year Y.