Levy exemption certificate (LEC) | Practical Law
Levy exemption certificate (LEC)
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Levy exemption certificate (LEC)
Practical Law UK Glossary w-001-8393
(Approx. 3 pages)
Glossary
Levy exemption certificate (LEC)
As used for electricity, an electronic certificate that was issued by
Ofgem
to be used by a licensed
electricity supplier
as evidence of its supply of electricity from a renewable source. Levy exemption certificates were used to claim an exemption from the
climate change levy
but are no longer issued. For more information, see
Practice note, Climate change levy (CCL), climate change agreements (CCAs) and carbon price floor (CPF)
.