Ofgem Open Letter on the calculation of electricity base levelisation rates - REC Portal

Ofgem Open Letter on the calculation of electricity base levelisation rates

Amelia Bray

Created 19/03/24

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Ofgem Open Letter on the calculation of electricity base levelisation rates

Open letter to domestic energy suppliers on the calculation of electricity base levelisation rates

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Ofgem has published it Open Letter to Domestic Energy Suppliers on calculation of Electricity base Levelisation rates. It explains how the reconciliation system operated by RECCo which supports the Levelisation policy, has initially been designed to accommodate only one set of Levelisation rates per region and fuel type. Click here to learn more and access the letter.