When is the right time to secure your energy 2023 - Flipbook - Page 9
Glossary
BSUoS (Balancing Services Use of System)
The BSUoS charge recovers the cost of the day-to-day operation of the transmission system.
DUoS (Distribution Use of System)
This is a charge that is added to all business electricity bills to cover the costs of the electricity distribution network. The DUoS charge is
based on the amount of electricity consumed by your business.
TNUoS (Transmission Network Use of System)
TNUoS charges recover the cost of installing and maintaining the transmission system in England, Wales, Scotland and Offshore.
AAHEDC (Assistance for Areas of High Electricity Distribution Costs)
This is a charge paid to assist Scottish Customers with the high cost of electricity distribution. A charge is applied as a single unit-based
charge to each supplier based on their settled consumption.
Ofgem
The Office of Gas and Electricity Markets, supporting the Gas and Electricity Markets Authority, is the government regulator for the
electricity and downstream natural gas markets in the United Kingdom.
kWh and gWh
Kilowatt per hour and gigawatt per hour. This is how energy usage is measured in the UK, they represent the amount of energy to sustain
a supply for one hour.
CCL (Climate Change Levy)
The CCL is an environmental tax that is charged on the energy a business uses. It is designed to encourage efficient usage of energy and
help to reduce their overall emissions.
BEIS
The Department for Business, Energy and Industrial Strategy
References
The Independent - https://www.independent.co.uk/news/uk/home-news/gas-prices-energy-increase-b2335558.html
Drax (Third Party Costs) Guide - https://energy.drax.com/insights/spring-2023-third-party-costs-guide/
Disclaimer: Views contained within this booklet are Utility Bidder’s however they do not constitute certainty of market movements. Energy prices are volatile and could go up or down.
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