The Warm Home Discount (Reconciliation) (Amendment) Regulations 2013

• Citation: S.I. 2013/519
• Sections: 3

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Warm Home Discount (Reconciliation) (Amendment) Regulations 2013.

(2) These Regulations come into force on 6th April 2013.

(3) In these Regulations, “the 2011 Regulations ” means the Warm Home Discount (Reconciliation) Regulations 2011 .

Section 2 Amendments to the 2011 Regulations

(1) Regulation 9 (interim and final reconciliation: payments) of the 2011 Regulations is amended as follows.

(2) For paragraph (1)(b) substitute—

(b) to each scheme electricity supplier which is liable to make a payment, of the date by which the payment is to be made, which must be not less than 3 working days from the date on which the notice is given;

(3) For paragraph (2) substitute—

(2) A scheme electricity supplier which is given a notice that it is liable to make a payment must pay the specified amount to the Operator by the date specified in the notice.

Section 3 Amendments to the 2011 Regulations

(1) Regulation 15 (make-right amounts) of the 2011 Regulations is amended as follows.

(2) In paragraph (3), after “amount is”, insert “, subject to the application of paragraph (3B),”.

(3) After paragraph (3) insert—

(3A) Paragraph (3B) applies if, upon calculating each scheme electricity supplier’s make-right amount in accordance with paragraph (3), there is a difference between the total of the make-right amounts which suppliers are liable to pay and the total of the make-right amounts which suppliers are entitled to receive (an “imbalance”).

(3B) Where this paragraph applies, the Operator must adjust each scheme electricity supplier’s make-right amount by a percentage of the amount of the imbalance equal to that supplier’s market share, so that the total of the make-right amounts which suppliers are liable to pay is equal to the total of the make-right amounts which suppliers are entitled to receive.