This explains why BSC Parties need to lodge Credit Cover and how they can do this, how Elexon calculates Parties' indebtedness, and how Parties can check their Credit Cover Percentage.

13.0

<div data-id="why-do-i-need-credit-cover" style="text-align:left">Why do I need <u class='defined-term'>Credit Cover</u>?</div>

<div data-id="how-do-i-lodge-credit-cover" style="text-align:left">How do I lodge <u class='defined-term'>Credit Cover</u>?</div>

<div data-id="what-if-i-want-to-withdraw-my-credit-cover" style="text-align:left">What if I want to withdraw my <u class='defined-term'>Credit Cover</u>?</div>

<div data-id="how-much-credit-cover-do-i-need-to-lodge" style="text-align:left">How much <u class='defined-term'>Credit Cover</u> do I need to lodge?</div>

<div data-id="how-is-my-indebtedness-calculated" style="text-align:left">How is my Indebtedness Calculated?</div>

<html><head></head><body><div data-id="whats-a-credit-qualifying-bm-unit" style="text-align:left">What’s a <u class="defined-term">Credit Qualifying <u class="defined-term">BM Unit</u></u>?</div></body></html>

<html><head></head><body><div data-id="whats-a-non-credit-qualifying-bm-unit" style="text-align:left">What’s a Non-<u class="defined-term">Credit Qualifying <u class="defined-term">BM Unit</u></u>?</div></body></html>

<div data-id="credit-assessment-energy-indebtedness-cei" style="text-align:left"><u class='defined-term'>Credit Assessment Energy Indebtedness</u> (CEI)</div>

<html><head></head><body><div data-id="cei-for-different-types-of-primary-bm-unit" style="text-align:left">CEI for Different Types of <u class="defined-term">Primary <u class="defined-term">BM Unit</u></u></div></body></html>

<html><head></head><body><div data-id="metered-energy-indebtedness-mei" style="text-align:left"><u class="defined-term"><u class="defined-term">Meter</u>ed Energy Indebtedness</u> (MEI)</div></body></html>

<div data-id="actual-energy-indebtedness-aei" style="text-align:left"><u class='defined-term'>Actual Energy Indebtedness</u> (AEI)</div>

<html><head></head><body><div data-id="how-does-this-apply-to-a-virtual-lead-party" style="text-align:left">How does this apply to a Virtual <u class="defined-term">Lead <u class="defined-term">Party</u></u>?</div></body></html>

<div data-id="need-more-information" style="text-align:left">Need more information?</div>

<html><head></head><body><div data-id="how-does-this-apply-to-a-virtual-trading-party" style="text-align:left">How does this apply to a Virtual Trading <u class="defined-term">Party</u>?</div></body></html>

CONTENTS

Credit Cover V13.0

Defined Terms

Cross-references