Gas Industry Co has three sources of funding. The primary source of funding for the Company is the levy. The other two sources are through an Annual Fee on Shareholders and Market Fees. The Levy component is authorised each year by way of Regulations which we recommend to the Minister annually.
The Gas (Levy of Industry Participants) Regulations 2017, which came into force on 1 July 2017 is available here.
Current Arrangements: This section contains documents relating to the current FY2018 Levy for the period 1 July 2017 to 30 June 2018. .
Developing: Any current or new consultations in this Work Programme would usually be found in this section. There are currently no new consultations in this Work Programme.
Background: This section provides information on the levy setting process and principles as well as all Previous Levies, including past regulations and associated documents relating to past years' levies.