The Electricity and Gas (Energy Company Obligation) Order 2014 No. 3219

PART 3 Determining carbon emissions reduction obligations, carbon saving community obligations and home heating cost reduction obligations

Increasing a supplier’s carbon emissions reduction obligation as a result of the supplier’s failure to achieve its ECO1 CERO target

11.—(1) This article applies where a supplier does not achieve its ECO1 CERO target by the end of March 2015.

(2) Where this article applies, the supplier’s carbon emissions reduction obligation for phase 1, determined under article 7, is to be increased by—

where—

(a)

“A” is the amount, in MtCO₂, of the supplier’s ECO1 CERO target;

(b)

“B” is the sum, in MtCO₂, of—

(i)

the ECO1 carbon savings attributed to the ECO 1 qualifying actions and ECO1 excess actions credited against the supplier’s ECO1 CERO target; and

(ii)

the uplifts, if any, attributed to those ECO1 qualifying actions under article 19B or 19D of the 2012 Order(1).

(3) The Administrator must notify the supplier by no later than 30th September 2015 of its revised phase 1 carbon emissions reduction obligation resulting from the calculation in paragraph (2).

(1)

Articles 19B and 19D are inserted by S.I. 2014/3210.