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The Electricity and Gas (Energy Company Obligation) Order 2022

Draft Legislation:

This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Electricity and Gas (Energy Company Obligation) Order 2022 No. 875

Determination whether general innovation allowance is exhausted

This adran has no associated Memorandwm Esboniadol

59.—(1) This article applies for the purposes of article 58.

(2) A participant’s general innovation allowance is exhausted only if X is equal to or greater than the participant’s general innovation allowance, where “X” is the sum of—

(a)the determined cost savings for the uplift eligible innovation measures—

(i)which are qualifying actions forming part of ECO4 projects promoted by the participant; and

(ii)for which the Administrator has given a score under article 47(1)(b) before the ECO4 project in question;

(b)the determined cost savings for the uplift eligible innovation measures—

(i)which are qualifying actions promoted by the participant; and

(ii)for which the Administrator has given a score under article 47(1)(c)(i) or (ii) before the ECO4 project in question;

(c)the determined cost savings for the innovation measures—

(i)which are qualifying actions promoted by the participant; and

(ii)for which the Administrator has given a score under article 47(1)(c)(iii) before the ECO4 project in question;

(d)the project innovation uplifts for the ECO4 projects—

(i)promoted by the participant; and

(ii)for which the Administrator has given a score under article 47(1)(b) before the ECO4 project in question;

(e)the innovation measure uplifts for the innovation measures—

(i)promoted by the participant; and

(ii)for which the Administrator has given a score under article 47(1)(c)(i) or (ii) before the ECO4 project in question.

Yn ôl i’r brig

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