The Department for Business, Energy and Industrial Strategy (BEIS) has published its response to the consultation on Low Carbon Contracts Company (LCCC)’s and Electricity Settlements Company (ESC)’s proposed 2021/22 operational cost budgets and levies.
Following BEIS’ analysis of the consultation responses, no amendments to the proposed budgets are required. However, LCCC and ESC’s operational costs have been amended to reflect the pay pause announced in the 2020 Spending Review.
The levy rate for 2021-22 is £0.0760/MWh.
The full Government Response document, which summarises the feedback received and sets out the government’s response to the points raised, is available here: LCCC and ESC operational costs 2021-22: Government Response.
Related
Posted: 10.02.2026
Government delivers unprecedented amount of new, clean, homegrown power
Record levels of new renewables projects delivers the biggest clean energy auction in British history.
Posted: 26.01.2026
ILR and TRA for the Nuclear Regulated Asset Base Scheme for Q2 2026 Determination
Low Carbon Contracts Company (LCCC) has set a determination to the Nuclear Regulated Asset Base (RAB) scheme’s Interim Levy Rate (ILR) for the Obligation Period commencing on 1 April 2026 and ending …
