CP1308 – Changes to Long Term Vacant Site process where a reading is obtained via a warrant

Formal title: Changes to Long Term Vacant Site process where a reading is obtained via a warrant

Current Status

Submission
Assessment
CPC Consultation
Committee Decision
Awaiting Implementation
Implemented

Summary

Where a reading has been obtained through entry via a warrant, a site will drop out of the LTV process and will be assigned a non zero Estimated Annual Consumption (EAC) value. However, it is then likely to re-qualify for LTV in the future as a warrant will not be obtained for further readings (and SVCC of 02 will start to be received again). When the site re-enters the LTV process, a reading is deemed for the beginning of the new LTV period based on the non-zero EAC. This deemed read will cause energy to enter Settlement for the period between the date that the reading was obtained via the warrant process, and the date of the next D0004 (with the 02 SVCC), while the site is vacant. CP1308 proposes changes to BSCP504 and would prevent energy to be allocated where there was no consumption by allowing the warrant read to be replicated at the start of the next LTV period.

Progression

CP1308 was raised on 31 July 2009 and was issued for Industry Impact Assessment as part of CPC00667. The SVG approved this CP on 29/09/2009 and it was implemented as part of  the February 2010 Release.

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