Important information on standing charge rate increases and rising communal energy bills
Business electricity bills are set to significantly increase due to upcoming changes to the Transmission Network Use of System (TNUoS) rates.
TNUoS rates are usually paid as part of "standing charges" to utility suppliers. They recover the cost of building, operating, and maintaining the high-voltage transmission network across the UK. This consists of the pylons, overhead lines, and substations – all aspects of the infrastructure that allow electricity to travel from substations into properties.
This means that communal electricity supply costs will go up due to increases in standing charges, making your electricity more expensive – this increase is not related to usage. This rise will likely still apply, even if your energy commodity price is fixed.
The impact of these rises will likely differ according to the size of your development and will be accounted for in your next development budget.
Click the button below to learn more about the predicted rises.