Electricity generator levy technical note: policy paper

"The government is introducing a tax on the extraordinary returns of electricity generators resulting from the spike in gas prices driven by Russia’s weaponisation of gas supplies."

17 November 2022 - published

20 December 2022 - Electricity Generator Levy: supplementary technical note added

Policy milestone details


Start date: 2022-11-17

Keywords: Windfall tax

Countries: UK -

Milestone source: Link to policy paper

Milestone type: Policy proposal/papers

Sector: Finance and investment - Heat and power generation -

Organisation: HM Treasury

Subjects: Taxation, Energy policy