Amendments to the Electricity Capacity (Supplier Payment etc.) Regulations 20143
1
In paragraph (2) of regulation 9 of the Electricity Capacity (Supplier Payment etc.) Regulations 20143 for “£7,472,000 where year Y is the relevant financial year commencing in 2021 or any subsequent financial year” substitute—
as follows—
a
£6,954,000 where year Y is the relevant financial year commencing in 2022;
b
£7,382,000 where year Y is the relevant financial year commencing in 2023;
c
£7,734,000 where year Y is the relevant financial year commencing in 2024 or any subsequent financial year.
2
Paragraph (1) does not apply in respect of any financial year commencing before 2022.
3
In paragraph (2) “financial year” means a period of one year commencing with 1st April.