Low Carbon Contracts Company (LCCC) adjusted the Interim Levy Rate (ILR) for the period from 14 September 2021 to 30 September 2021. The ILR has been set to £0.000/MWh.
Since the start of Q3 2021, Low Carbon Contracts Company (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 further reduce the Interim Levy Rate (ILR) to £0.000/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.