Green Gas Levy (GGL): rates, underlying variables, mutualisation threshold for the 2023-2024 financial year
Updated 20 December 2024
Applies to England, Scotland and Wales
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BEISÂ has a regulatory duty under to publish the Green Gas Levy (GGL) rate for each scheme year (beginning 1 April) by 31 December of the preceding year.
GGLÂ levy rates
°Õ³ó±ðÌýGGL levy rate for the 2023-2024 scheme year (1 April 2023 to 31 March 2024):
- 0.122p per meter per day, equivalent to 45p per meter over the period
Underlying variables
In line with the regulations, the 2023-2024 levy rate has been calculated based on the following variables:
| Variable | 2023-2024 |
|---|---|
| A 바카라 사이트“ Adjustment factor | 1.00653 |
| SB 바카라 사이트“ Projected scheme expenditure * | £37,832,570 |
| SD 바카라 사이트“ Forecast scheme year end surplus | £46,822,210 |
| AA 바카라 사이트“ Ofgem바카라 사이트™s total forecasted administration costs | £3,080,000 |
| TY 바카라 사이트“ True-up from scheme year before last | £0 |
| TD 바카라 사이트“ Year end deficit from scheme year before last | £0 |
| QL 바카라 사이트“ Quarterly lag uplift | £15,887,211 |
| H - Headroom | £1,256,645 |
| I 바카라 사이트“ Interest accrued on levy funds held in Ofgem bank account | £0 |
| Ofgem바카라 사이트™s estimated administration costs for carrying out a mutualisation process** | £12,500 |
*This corresponds to the GGSS Overall Scheme Expenditure Budget, published on the GGSS: Budget Management page.
**Note that Ofgem바카라 사이트™s administration costs for carrying out the mutualisation process is the same value as the mutualisation threshold.
Mutualisation threshold
The mutualisation threshold is any levy shortfall above £12,500.