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The Fossil Fuel Levy will remain at 10%
1 February 1994
The Fossil Fuel Levy will remain at 10% for at least a further year from April, says Stephen Littlechild, Director General of Electricity Supply. The levy is collected from electricity suppliers in England and Wales on sales of electricity from coal, oil and gas to pay for the Non Fossil Fuel Obligation (NFFO). Ninety-seven per cent of levy proceeds currently go to subsidise the nuclear industry while the remaining 3% is shared between all renewables in England and Wales.
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