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Article 3 Overall home-heating cost reduction targetI1

England, Wales and Scotland

(1)

For the period beginning with the commencement date and ending with 31st March 2026 the overall home-heating cost reduction targetf1 is £55,998,000 in annual cost savings.

(2)

The overall home-heating cost reduction target is to be apportioned between licence-holders who are participants in relation to an ECO4A phase in accordance with article 6.

Annotations

Commencement

I1

Art. 3 in force at 25.7.2023, see art. 1(2)

Footnotes

f1

See section 33BD(2)(b) of the Gas Act 1986 and section 41B(2)(b) of the Electricity Act 1989 for the definition of “home-heating cost reduction target”. Section 103A(1) of the Utilities Act 2000 provides for the specification of an overall target.