The Low Carbon Contracts Company has announced that the total reserve for the three months from 1 January 2017 will be £3,507,747.19 and the interim levy rate will be £0.956/MWh.

Suppliers have to provide credit cover for the period on 31 December. They will be invoiced for their Reserve Payment for January to March 2017 as part of their Quarterly Reconciliation Invoice on 11 October.

Suppliers will also receive an invoice on 11 October for the interim levy for October to December 2016. The rate is £1.016/MWh.