Levy Exemption Certificates

The Levy Exemption Certificate

The Climate bonus that we all missed. Until the Chancellor cancelled it we never realised that it added so much to the value of wind farms. We all know about ROCs but LECs were a closed book. Needless to say the wind weasels were counting them all up and it is a frightening sum. A subsidy on a subsidy. To give you an insight you might be interested in these figures on Farr windfarm. Infinis quoted LECs as 6% of their turnover.

Final ROC payment for April is not yet available. That cannot disguise the fact that Farr windfarm alone received £1.083 million in extra subsidy!


About Dougal Quixote

Slightly mad. Always believes a cup is half full so continues to tilt at Wind Turbines and the politicians that seem to believe it is their god given right to ruin Scotland for a pot of fool's gold.
This entry was posted in Wind farms. Bookmark the permalink.

2 Responses to Levy Exemption Certificates

  1. Pingback: Levy Exemption Certificates | windfarmaction | ajmarciniak

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s