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Energy: Finance

Volume 475: debated on Monday 28 April 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform pursuant to the answer of 27 March 2008, Official Report, column 334W, on renewable energy: finance, what funds are held by Ofgem arising from the auctioning of renewable obligation certificates and electricity generated under non-fossil fuel obligation contracts. (199305)

[holding answer 21 April 2008]: The balance of the England and Wales Levy account as at 31 March 2008 is £29.9 million. This amount includes accumulated interest on the account.

The balance of the Scottish Levy account as at 31 March 2008 is £105.9 million. This amount includes accumulated interest on the account.