The following Suppliers have been issued credit cover default notices for not complying with the requirement to ensure that the CfD counterparty holds sufficient collateral under regulation 19(2) of the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014

This is the summary of credit cover default notices issued:

Credit Cover Default Notices

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Posted: 18.03.2024

LCCC determines ILR and TRA for Q3 2024

LCCC have determined the Interim Levy Rate (ILR) and the Total Reserve Amount (TRA) for the Quarterly Obligation Period from 1 July 2024 to 30 September 2024.