LCCC adjusts ILR for Q3 2021

Low Carbon Contracts Company (LCCC) has adjusted the Interim Levy Rate (ILR) for the period from 18 August 2021 to 30 September 2021. The ILR has been set to £1.791/MWh.

Since the start of Q3 2021, LCCC has been building a surplus of income over payments, caused by a  combination of lower expected generator payments and higher power prices. As a result, LCCC has decided to reduce the ILR to £1.791/MWh.

For further detail on LCCC’s calculations, please refer to our online CfD Levy Dashboards.

A Stakeholder Bulletin outlining this has been published today and is available to download via the button on this webpage.