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MSP kWh is the amount of electricity consumed at the 'meter supply point', which is the customer's meter. GSP kWh is obtained by multiplying the MSP kWh by the Line Loss Factor (LLF, a figure > 1) to include the amount of electricity lost when it is conducted through the distribution network, from the 'grid supply point' to the customer's meter.
This typical household is assumed to use 11,500 kWh of gas and 2,700 kWh of electricity a year with a single bill for gas and electricity, settled by direct debit.
The UK is seeing a second increase in energy price caps this winter, announced by Ofgem on 1 January. Energy bills skyrocketed in 2022 and have continued to remain high and above pre-Covid levels ...
With low temperatures and snow hitting parts of the UK, energy bills will become the focus of many households. Higher energy bills push UK inflation to 2.3% Skip to main content
A data collection charge is a fee paid to the data collector for determining the energy consumption of the supply. The charge may be shown separately on an electricity bill or it may be incorporated in the electricity supplier's overall charges.
A rise in the cost of household bills has pushed UK inflation to its highest rate in more than a year, according to official data. Inflation was 3.5% in April, up from 2.6% in March and higher ...
A 2016 paper argues that current UK energy policy is a contradictory mix of free market policies and government interventions, with an undue emphasis on electricity. It concludes that the government needs to develop a clearer strategy if it is to address the three goals of economic effectiveness, environmental protection, and energy security. [133]
While UK inflation had been gradually coming down this year, from 3.0 per cent in January, the rise for April’s data was not unexpected as it accounts for bill hikes, energy costs increasing and ...