# The Electricity Capacity (Supplier Payment etc.) Regulations 2014, Paragraph 8: Settlement costs levy: revised calculations


(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”)—
(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”);
(b) S’s revised monthly settlement costs levy in respect of each month of year Y (“RMLsm”).
(2) RSLsm must be calculated in accordance with the formula—
RS L sm = ASSP D sy ∑ l ASSP D ly .
(3) RMLsm must be calculated in accordance with the formula—
RM L sm =ASC L y ×RS L sm × 1 12 .
(4) In this paragraph—
“ASCLy” has the same meaning as in paragraph 7;
“ASSPDsy” means the actual net demand of S during periods of high demand in year Y;
“∑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.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111123119/schedule/1/paragraph/8 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-supplier-payment-etc-regulations-2014/schedule-1/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.