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Settlement Costs Levy
L o a d i n g
Owner
Low Carbon Contracts Company Limited - view all
Update frequencyunknown
Last updatedover 2 years ago
Format
Overview

This dataset includes the actual, forecast, and excess Settlement Costs Levy for the current and historic operational periods. The operational costs of Electricity Settlements Company (ESC) are funded by suppliers through the Capacity Market Settlement Costs Levy, which is invoiced monthly based on a supplier’s share of net demand for periods of high demand in the previous financial year multiplied by the total operational costs. Any excess amount will be refunded to Suppliers using a payment share based on the amount of Settlement Costs Levy Payments paid in the Financial Year. This dataset is updated following the end of each financial year.

ActualsCMForecastSettlement Costs Levy
Additional Information
KeyValue
Actual SCL Paid (£m)The actual settlement costs received by the settlement body
Actual Settlement Costs (£m)The actual settlement costs for a relevant period calculated once a period has completed
Excess Settlement Costs (£m)The actual SCL paid by suppliers less the actual settlement costs
Forecast SCL Budget (£m)The forecast settlement costs for a relevant period
Period EndCM period end date
Period StartCM period start date
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