Regulation 15A Types and amounts of spending from scheme year 8F1

This regulation applies to a scheme year commencing on or after the fourth commencement date (“a relevant scheme year”).

In each relevant scheme year, a compulsory scheme electricity supplier must incur spending under this Part to the amount of its non-core spending obligation, and in doing so—

In each relevant scheme year in which the aggregate non-core spending obligation exceeds £5 million, the maximum amount of spending under Chapter 4 on an activity of a kind listed in the final row of the table in Schedule 4 that a compulsory scheme electricity supplier may count towards its non-core spending obligation is the relevant percentage of £5 million.

In each relevant scheme year in which the aggregate non-core spending obligation exceeds £50 million, the maximum amount of spending under Chapters 4 and 5 combined that a compulsory scheme electricity supplier may count towards its non-core spending obligation is the relevant percentage of £40 million, unless the Authority has notified the supplier under regulation 15B(3)(c) that it may spend in excess of that amount to meet it’s non-core spending obligation.

Subject to paragraph (6), the maximum amount of spending under Chapter 4 on debt write-off that a compulsory scheme electricity supplier may count towards its non-core spending obligation is the relevant percentage of—

Paragraph (5) does not apply in a scheme year in which the aggregate non-core spending obligation is equal to, or less than—

In this regulation—

• “debt write-off” has the same meaning as in regulation 15(6); and

• “the relevant percentage” means the percentage determined under regulation 13(2).