Industry News
reporting on the latest industry news across energy

EON's stance on LEC withdrawal

EON's stance on LEC withdrawal

Charli James
Charli James

Back in the summer budget, the Government announced that the Climate Change Levy (CCL) exemption for renewable energy would be removed from 1st August 2015.

Following this announcement, Levy Exemption Certificates (LECs) which relate to renewable electricity generated after 1st August 2015 will no longer be eligible for the purposes of the CCL exemption.

Find out more
P272 Information

P272 Information

Nick Proctor
Nick Proctor

The introduction of terminology in the previous sentence is important to take note of; if you take a ?pass-through? contract you are effectively open to changes in costs being passed on to you in your bill as they land; it?s a bit like having a tracker mortgage for your house. When the interest rates change your mortgage also changes; you get the benefits of interest rate cuts and are exposed when the interest rates go up.

Further information on this change