Interim Levy Rate and Total Reserve Amount set to zero for Third Quarter Levy Period
In March 2015 LCCC announced its determination of the Interim Levy Rate (IR) and Total Reserve Amount (TRA) for the quarter running from 1 July 2015 to 30 September 2015. Both rates were set to zero for Suppliers based upon information which indicated that there would be no CFD payments due in respect of that period.
We can now confirm that both these rates for the Third Quarter Levy Period, to run from 1 October 2015 to 31 December 2015 inclusive, will also be set to zero. In arriving at its decision on the Interim Levy Rate and Total Reserve Amount, LCCC has considered the likelihood of any CFD payments needing to be made to any of the CFD Generators from either the first allocation round or for any of the Investment Contracts.