Proposed legislative changes to support implementation of the British Industrial Competitiveness Scheme
Applies to England, Scotland and Wales
Read the full outcome
Detail of outcome
The government response confirms the decision to proceed with the proposed amendments to the Contracts for Difference (Electricity Supplier Obligations) Regulations 2014.
The amendments will enable Exchequer funding provided to the Low Carbon Contracts Company (LCCC) to be taken into account when calculating the CfD Supplier Obligation, supporting implementation of the British Industrial Competitiveness Scheme (BICS).
Detail of feedback received
We received 13 responses to the consultation. The majority were from electricity suppliers.
Original consultation
Consultation description
This consultation seeks views on proposed legislative amendments to the Contracts for Difference (CfD) supplier obligation to enable implementation of the British Industrial Competitiveness Scheme (BICS).
The proposals would allow Exchequer funding to be channelled through the CfD supplier obligation to prevent implementation of BICS from increasing electricity bills for households and other non-exempt consumers. The consultation is primarily aimed at electricity suppliers, trade bodies, energy-intensive industries, consumer representatives and other stakeholders with an interest in electricity market policy and consumer bill impacts.
Read our consultation privacy notice.