The Electricity and Gas (Energy Company Obligation) Order 2023
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Change 1
A35 Overall amounts for purposes of determining total obligations
(1) This article makes provision for the determination of overall amounts for the purposes of determining whether a participant has achieved its— (a) total home-heating cost reduction obligation under article 35(1)(a) (see paragraphs (2) to (5)); and (b) total low-income minimum requirement under article 35(1)(b) (see paragraphs (6) to (8)). (2) Before its final determination under article 35(1)(a), the Administrator must convert the sum of a participant’s scores in accordance with the following steps. Step 1 Obtain the sum of all the participant’s scores (“A”) Step 2 Multiply the participant’s total home-heating cost reduction obligation by 0.25 to get an amount (“B”) Step 3 Subtract B from A to get a further amount (“C”) (where C is a negative number take E at step 5 to be A and go to paragraph (3)) Step 4 Multiply C by 1.716 to get an amount (“D”) Step 5 Add D to B to get an amount (“E”) (3) In step 1 in paragraph (2) “scores” includes any scores for measures transferred to the participant under article 33. (4) E must be added to any amount, as converted, which is reassigned by the participant under article 34A to obtain an overall amount (“F”). (5) F is the overall amount used for the purposes of determining whether the participant has achieved its total home-heating cost reduction obligation under article 35(1)(a). (6) Before its final determination under article 35(1)(b) (so far as it relates to article 9(5)(c)), the administrator must take the following steps. Step 1 Obtain the sum of all the participant’s scores for low-income qualifying actions (“G”) Step 2 Add G to any amount, as converted, which is reassigned by the participant under article 34A to get an amount (“H”) (7) In step 1 in paragraph (6) “scores” includes any scores for low-income qualifying actions transferred to the participant under article 33. (8) H is the overall amount used for the purposes of determining whether the participant has achieved its total low-income minimum requirement under article 35(1)(b).
A35 Overall amounts for purposes of determining total obligations
(1) This article makes provision for the determination of overall amounts for the purposes of determining whether a participant has achieved its— (a) total home-heating cost reduction obligation under article 35(1)(a) (see paragraphs (2) to (5)); and (b) total low-income minimum requirement under article 35(1)(b) (see paragraphs (6) to (8)). (2) Before its final determination under article 35(1)(a), the Administrator must convert the sum of a participant’s scores in accordance with the following steps. Step 1 Obtain the sum of all the participant’s scores (“A”) Step 2 Multiply the participant’s total home-heating cost reduction obligation by 0.25 to get an amount (“B”) Step 3 Subtract B from A to get a further amount (“C”) (where C is a negative number take E at step 5 to be A and go to paragraph (3)) Step 4 Multiply C by 1.716 to get an amount (“D”) Step 5 Add D to B to get an amount (“E”) (3) In step 1 in paragraph (2) “scores” includes any scores for measures transferred to the participant under article 33. (4) E must be added to any amount, as converted, which is reassigned by the participant under article 34A to obtain an overall amount (“F”). (5) F is the overall amount used for the purposes of determining whether the participant has achieved its total home-heating cost reduction obligation under article 35(1)(a). (6) Before its final determination under article 35(1)(b) (so far as it relates to article 9(5)(c)), the administrator must take the following steps. Step 1 Obtain the sum of all the participant’s scores for low-income qualifying actions (“G”) Step 2 Add G to any amount, as converted, which is reassigned by the participant under article 34A to get an amount (“H”) (7) In step 1 in paragraph (6) “scores” includes any scores for low-income qualifying actions transferred to the participant under article 33. (8) H is the overall amount used for the purposes of determining whether the participant has achieved its total low-income minimum requirement under article 35(1)(b).
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