Regulation 9 Supply priceI1

England, Wales and Scotland

(1)

In these Regulations “supply price” in relation to a supply contract means—

(a)

the price (before the application of a discount under the scheme) of energy supplied under that contract, so far as that price is to be paid in respect of the quantity of energy supplied in any period, or

(b)

if the supply contract provides for different prices (in respect of energy supplied at different times of day or measured by different meters, or otherwise), the average of such prices—

(i)

weighted by the quantities in the relevant period to which each such price applies, or

(ii)

where applicable, and to the extent that determining the average under sub-paragraph (b)(i) is not practicable, weighted by the number of hours in the day for which each such price applies.

(2)

The supply price does not include amounts in respect of—

(a)

value added tax;

(b)

climate change levy.

Annotations

Commencement

I1: Reg. 9 in force at 1.11.2022, see reg. 1(1)