Policy paper

Electricity generator levy technical note

The government is introducing a tax on the extraordinary returns of electricity generators resulting from the spike in gas prices driven by Russia’s weaponisation of gas supplies.


Electricity generator levy technical note

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This technical note sets out the rationale for the introduction of the tax, the details behind its operation, and the plans for discussion with the industry before its introduction on 1 January 2023.

Published 17 November 2022