{
  "url": "https://openlegislation.uk/draft-electricity-capacity-supplier-payment-etc-regulations-2014/schedule-1/paragraph-8",
  "json_url": "https://openlegislation.uk/draft-electricity-capacity-supplier-payment-etc-regulations-2014/schedule-1/paragraph-8.json",
  "legislation": "ukdsi/2014/9780111123119",
  "legislation_title": "The Electricity Capacity (Supplier Payment etc.) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/draft-electricity-capacity-supplier-payment-etc-regulations-2014",
  "path": "schedule/1/paragraph/8",
  "kind": "paragraph",
  "number": "8",
  "heading": "Settlement costs levy: revised calculations",
  "text": "(1) The Settlement Body must, as soon as reasonably practicable after 16th March in a relevant financial year (“year Y”), calculate for each electricity supplier (“S”)—\n(a) S’s revised share of the settlement costs levy in respect of each month of year Y for which S is liable to pay settlement costs levy (“RSLsm”);\n(b) S’s revised monthly settlement costs levy in respect of each month of year Y (“RMLsm”).\n(2) RSLsm must be calculated in accordance with the formula—\nRS L sm = ASSP D sy ∑ l ASSP D ly .\n(3) RMLsm must be calculated in accordance with the formula—\nRM L sm =ASC L y ×RS L sm × 1 12 .\n(4) In this paragraph—\n“ASCLy” has the same meaning as in paragraph 7;\n“ASSPDsy” means the actual net demand of S during periods of high demand in year Y;\n“∑lASSPDly” means the sum of those amounts of actual net demand for every electricity supplier who is liable to pay settlement costs levy in the relevant month.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2014/9780111123119/schedule/1/paragraph/8",
    "retrieved_at": "2026-10-30T15:11:44.077766+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}