The Electricity and Gas (Energy Company Obligation) Order 2022 No. 875

PART 10 E+W+S Scores

CHAPTER 6 E+W+S Surplus actions and ECO3 interim delivery actions

Score for surplus action and ECO3 interim delivery actions E+W+S

78.—(1) This article applies for the purpose of calculating the score to be given to a qualifying action which is—

(a) a surplus action; or

(b) an ECO3 interim delivery action.

(2) Where this article applies, the score is equal to the annual cost savings of the qualifying action which are calculated in accordance with the following formula(1)—

E x £0.31 / £17.83.

(3) In paragraph (2), “E” is the ECO3 cost savings for the qualifying action.

Commencement Information

I1 Art. 78 in force at 27.7.2022, see art. 1(1)

(1)

£0.31 is the cost that the Department for Business, Energy and Industrial Strategy has estimated would have been incurred by a participant in delivering each £1 in the ECO3 cost savings attributable to the qualifying action.