The Electricity Capacity Regulations 2014
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
40 Capacity payments
(1) A capacity provider (“C”) is entitled, subject to paragraphs (5) and (6) and to regulations 49 to 51, to receive from the Settlement Body a capacity payment determined in accordance with this regulation in respect of each month of a delivery year (“month M”) for the capacity committed CMUs for which C was the capacity provider during month M. (2) The Settlement Body must, after the end of month M— (a) determine the amount of the capacity payment which is payable to C in respect of month M (“MCPcm”); and (b) issue a credit note to C for the amount determined for it. (3) MCPcmmust be calculated in accordance with paragraph 4 of Schedule 1. (4) The Settlement Body must issue a credit note to C under paragraph (2)(b)— (a) by no later than the 28th working day after the end of month M; but (b) if C is liable to pay a capacity provider penalty charge in respect of month M, not earlier than the day after the day by which C is required to pay that charge. (5) Paragraphs (1) to (4) do not apply unless by the 26th working day after the end of month M the Settlement Body has received capacity market supplier charges in respect of month M. (6) If by the day referred to in paragraph (5) the Settlement Body has received capacity market supplier charges in respect of month M the total of which is less than the sum of MCPcm for all capacity providers, the amount of each capacity payment which would otherwise be determined under paragraph (2) must be reduced by the same proportion so that the total amount of capacity payments payable to capacity providers is equal to the total amount of capacity market supplier charges received. (7) In this regulation, “capacity market supplier charges” means charges which electricity suppliers are required to pay under electricity capacity regulations to meet the cost of funding capacity payments.
40 Capacity payments
(1) A capacity provider (“C”) is entitled, subject to paragraphs (5) and (6) and to regulations 49 to 51, to receive from the Settlement Body a capacity payment determined in accordance with this regulation in respect of each month of a delivery year (“month M”) for the capacity committed CMUs for which C was the capacity provider during month M. (2) The Settlement Body must, after the end of month M— (a) determine the amount of the capacity payment which is payable to C in respect of month M (“MCPcm”); and (b) issue a credit note to C for the amount determined for it. (3) MCPcmmust be calculated in accordance with paragraph 4 of Schedule 1. (4) The Settlement Body must issue a credit note to C under paragraph (2)(b)— (a) by no later than the 28th working day after the end of month M; but (b) if C is liable to pay a capacity provider penalty charge in respect of month M, not earlier than the day after the day by which C is required to pay that charge. (5) Paragraphs (1) to (4) do not apply unless by the 26th working day after the end of month M the Settlement Body has received capacity market supplier charges in respect of month M. (6) If by the day referred to in paragraph (5) the Settlement Body has received capacity market supplier charges in respect of month M the total of which is less than the sum of MCPcm for all capacity providers, the amount of each capacity payment which would otherwise be determined under paragraph (2) must be reduced by the same proportion so that the total amount of capacity payments payable to capacity providers is equal to the total amount of capacity market supplier charges received. (7) In this regulation, “capacity market supplier charges” means charges which electricity suppliers are required to pay under electricity capacity regulations to meet the cost of funding capacity payments.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.