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The Electricity and Gas (Energy Company Obligation) Order 2014

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This is the original version (as it was originally made).

Determining the cost score for a surplus action

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29.—(1) Subject to paragraph (2), the cost score for a surplus action is—

where—

(a)

“A” is—

(i)

the cost saving attributed to that action under article 19 of the 2012 Order; or

(ii)

if no cost saving was attributed to the action under article 19 of the 2012 Order, the cost saving for that action calculated in accordance with article 16(7) of the 2012 Order;

(b)

“B” is the relevant conversion factor.

(2) Where a surplus action is the repair or replacement of a qualifying boiler, the cost score for that action is the cost saving for that action calculated in accordance with article 17 of the 2012 Order multiplied by the relevant conversion factor.

(3) In this article, “relevant conversion factor” means—

(a)where a measure is described in the first column of the table in Schedule 5, the number specified for that measure in the second column of that table; or

(b)where a measure is not so described, 1.

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