Levy Exemption Certificates (LECs)
In the Summer Budget 2015 it was announced that the exemption for Renewable Source Electricity from the Climate Change Levy (CCL) would be removed.
With the removal of the exemption, Levy Exemption Certificates (LECs) issued after 1st August 2015 no longer have any value. We are therefore working though the impact on generation contracts and will communicate with individual customers as soon as possible to provide more detail on this.
Please contact us here if you have any questions about LECs.