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<p>The Contracts for Difference (CfD) scheme is funded by the Supplier Obligation, a statutory levy on all GB-based licensed electricity suppliers. Typically, we expect these costs to be passed through from suppliers to consumers via electricity bills. The Office for Budget Responsibility publishes outturn and forecast of Environmental Levies, which includes the Contracts for Difference Scheme. In the year 2022-23, the Office for Budget Responsibility estimates that the outturn cost of the scheme was -£0.1 billion, i.e. a saving to electricity consumers.</p> |