LCCC determines ILR and TRA for Q1 2026

LCCC has set the Interim Levy Rate (ILR) and Total Reserve Amount (TRA) for Q1 2026. View market prices, key dates and join our next quarterly webinar.

We have determined the Interim Levy Rate (ILR) and the Total Reserve Amount (TRA) for the Quarterly Obligation Period from 1 January 2026 to 31 March 2026.

Amounts for Q1 2026 are:

ILR = £10.576/MWh
TRA = £332,542,576.55

Market prices for this calculation were taken as closing mid-prices on 29 August 2025.

We will continue to monitor market prices closely and will adjust the ILR and/or TRA if prices move in a way that could lead to over-collection or that suggests the TRA and ILR may be insufficient to cover CfD costs.

Note that once the quarter has started, the TRA can only be increased, while the ILR can be increased or decreased.

For further detail on our calculations, please refer to our online CfD dashboards where you will also find a calendar of future key levy dates.

Webinar

Our quarterly webinar is an opportunity to ask questions about our forecasts.

The next session will be held on 15 October at 10:00, where we will also compare the outturn in Q3 2025 with our forecasts and discuss the ILR and TRA for Q1 2026.

Register for the webinar
Sign up via Eventbrite to secure your place at this free webinar.

We welcome any suggestions or feedback on what else would be useful to cover during the webinar—please email info@lowcarboncontracts.uk.