Article 3 Overall carbon emissions reduction target, carbon saving community target and home heating cost reduction targetI1

England, Wales and Scotland

(1)

For the period 1st January 2013 to 31st March 2015 the overall—

(a)

carbon emissions reduction target is F114 MtCO2;

(b)

carbon saving community target is 6.8 MtCO₂;

(c)

home heating cost reduction target is £4.2bn cost savings.

(2)

The Administrator must ensure that the sum of all—

(a)

total carbon emissions reduction obligations imposed on suppliers equals the overall carbon emissions reduction target;

(b)

total carbon saving community obligations imposed on suppliers equals the overall carbon savings community target; and

(c)

total home heating cost reduction obligations imposed on suppliers equals the overall home heating cost reduction target.

Annotations

F1: Words in art. 3(1)(a) substituted (5.12.2014) by The Electricity and Gas (Energy Companies Obligation) (Amendment) (No. 2) Order 2014 (S.I. 2014/3231), arts. 1, 4