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29.—(1) For the purposes of these Regulations, “the discount” means the reduction (in p/kWh) in the supply price under a supply contract to be applied pursuant to the scheme in respect of that contract for any period.
(2) In the case of a general supply contract or a QHS supply contract, the discount is calculated as follows—
Where—
BD is the base discount in respect of that supply contract for the period;
MD is the maximum discount applicable to that supply contract;
SP is the supply price for the period;
MP is the minimum supply price applicable to that supply contract.
(3) In the case of an ETII supply contract the discount is calculated as follows—
Where—
BD is the base discount in respect of that supply contract for the period;
MD is the maximum discount applicable to that supply contract);
SP is the supply price for the period;
MP is the minimum supply price applicable to that supply contract;
ID is the increased discount in respect of that supply contract for the period;
IMD is the maximum discount applicable to an ETII supply contract plus the MD increment;
RMP is the minimum supply price applicable to an ETII supply contract less the GSP decrement.
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