Elexon calculate an Annual Funding Share by averaging each Party’s General Funding Share, including the latest month, on a rolling basis. This gives the Party’s rough share of all the payments made in the last year, compared to just the current month. The Annual Funding Share is also used to recover costs when a Party defaults on its Trading Charges as explained in Section N of the BSC.

BSC defined definition

the Annual Funding Share of a Trading Party is the sum of its General Funding Shares for the 12 consecutive months ending with and including that month, divided by the sum for all Trading Parties of their General Funding Shares for such 12 months; has the meaning given to that term in Section D1.2.1(e);

BSC documentation

• BSC Section D: BSC Cost Recovery and Participation Charges
• BSC Section N: Clearing, Invoicing & Payment

Further information

In relation to month, a Trading Party’s General Funding Share reflects its proportionate share of the aggregate of certain BSCCo Charges for that month. Details of Funding Shares are available on the BSC Portal.

• Guidance Note on Funding Shares
• BSC Portal > Financial and Credit > Funding Shares