Ofgem has confirmed major changes to the way businesses pay to use the power networks. The Energyst asked consultants and end-users for an impact assessment.
Ofgem’s changes to network charges will have a major impact on business energy bills, particularly for larger power users that have traditionally reduced peak demand through loadshifting.
For some, the annual cost could run to seven figures. Water companies, for example, try to minimise grid draw during winter evenings, because their transmission charges are based on their usage during the three highest winter peaks (Triad charges, with Triad periods confirmed retrospectively).
