# The Heat Network (Metering and Billing) Regulations 2014, Paragraph 11

Extent: E+W+S+N.I.

A real discount rate of 3.5% is to be applied to calculate net present value under this Schedule.

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Source: https://www.legislation.gov.uk/uksi/2014/3120/schedule/1/paragraph/11 (the official version)
Page: https://openlegislation.uk/heat-network-metering-and-billing-regulations-2014/schedule-1/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.