Regulation 3 Amendments to the Electricity Capacity (Supplier Payment etc.) Regulations 2014

(1)

The Electricity Capacity (Supplier Payment etc.) Regulations 2014^f1 (“the Supplier Payment Regulations”) are amended as follows—

(a)

in regulation 9(2), for “£6,241,000” substitute—

“as follows—

(a)
£7,629,000 where year Y is the relevant financial year commencing in 2018;

(b)
£7,554,000 where year Y is the relevant financial year commencing in 2019;

(c)
£7,502,000 where year Y is the relevant financial year commencing in 2020 or any subsequent financial year”;

(b)

in paragraph 7(4)(a) of Schedule 1 (in the definition for “ASSPD_sr”) omit the words “is responsible”.

(2)

Paragraph (1)(a) does not apply in respect of any financial year commencing before 2018.

(3)

In paragraph (2) “financial year” has the same meaning as in regulation 2(1) of the Supplier Payment Regulations.

Annotations

Footnotes

f1: S.I. 2014/3354; relevant amending instruments are S.I. 2015/875, 2016/363 and 2017/502.