# The Electricity Capacity (Supplier Payment etc.) Regulations 2014, Paragraph 9: Settlement costs levy refund

Extent: E+W+S

(1) The Settlement Body must calculate the amount (“SCLRsy”) of the refund payable to each electricity supplier (“S”) who has paid a settlement costs levy payment in a relevant financial year (“year Y”) in accordance with the formula—
SCL R sy =( AR−SC )× SCL P sy ∑ s SCL P sy .
(2) In this paragraph—
“AR” and “SC” have the meanings given in regulation 10;
“SCLPsy” means the amount of settlement costs levy paid by S in respect of year Y.

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Source: https://www.legislation.gov.uk/uksi/2014/3354/schedule/1/paragraph/9 (the official version)
Page: https://openlegislation.uk/electricity-capacity-supplier-payment-etc-regulations-2014/schedule-1/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.