The Electricity Supplier Payments (Amendment) Regulations 2018

• Citation: S.I. 2018/449
• Sections: 3

Section 1 Citation and commencement

(1) These Regulations may be cited as the Electricity Supplier Payments (Amendment) Regulations 2018.

(2) These Regulations come into force on the day after the day on which these Regulations are made, except for regulation 2 which comes into force on 1st April 2018.

Section 2 Amendment to the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014

In paragraph (7)(a) of regulation 23 of the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 for “£0.0524 per megawatt hour; and” substitute:

as follows—

(i) £0.0570 per megawatt hour for any day during the operational cost period that begins on 1st April 2018;

(ii) £0.0592 per megawatt hour for any day during the operational cost period that begins on 1st April 2019;

(iii) £0.0614 per megawatt hour for any day during the operational cost period that begins on 1st April 2020 or during any subsequent operational cost period; and

Section 3 Amendments to the Electricity Capacity (Supplier Payment etc. ) Regulations 2014

(1) The Electricity Capacity (Supplier Payment etc.) Regulations 2014 (“the Supplier Payment Regulations”) are amended as follows—

(a) in regulation 9(2), for “£6,241,000” substitute—

as follows—

(a) £7,629,000 where year Y is the relevant financial year commencing in 2018;

(b) £7,554,000 where year Y is the relevant financial year commencing in 2019;

(c) £7,502,000 where year Y is the relevant financial year commencing in 2020 or any subsequent financial year

(b) in paragraph 7(4)(a) of Schedule 1 (in the definition for “ASSPD sr ”) omit the words “is responsible”.

(2) Paragraph (1)(a) does not apply in respect of any financial year commencing before 2018.

(3) In paragraph (2) “financial year” has the same meaning as in regulation 2(1) of the Supplier Payment Regulations.