One of the key functions of LCCC is to forecast and set the CFD Supplier Obligation, comprising of the Interim Levy Rate (ILR) and Total Reserve Amount (TRA), in advance of the quarter in which it is going to apply as required under the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014.
LCCC’s Forecasting Team is responsible for determining the Interim Levy Rate (ILR) and Total Reserve Amount (TRA). The team is headed up by Dr Andrew Miller and supported by Ulrich Arnheiter, Andrea Marucci and Daniel Minifie.
The team has developed the Transparency Tool to share updates on the ILR and TRA determination as well as forecasts for a further three quarters. The team provides insights about the setting of the ILR and TRA through webinars and the supplier bulletin. Check our Events page for upcoming opportunities to find out more about supplier levies.