What is DUos?
A Regional Electricity Company (REC) is responsible for
distributing electricity to all sites within its own
region. The RECs receive a market average of 20% of
the electricity cost for distribution and this cost
is paid irrespective of whether they are responsible
for supply. This charge is known as DUoS (Distribution
Use of Systems).
What is TUos?
The
National Grid - this is the "mainline" network
for the transmission of electricity from the generator
to the Regional Electricity Companies' (REC) area.
The National Grid is paid a market average of 6% of
the electricity
cost for transmission. This charge is known as TUoS
(Transmission Use of Systems).
What is an Energy Only offer?
An
offer of supply that only includes the raw energy
element excluding the DUoS & TUoS offer. (see below
for explanation).
Why do suppliers bid on an energy only basis?
By leaving the DUoS and TUoS out of the offer price
the supplier leaves the risk of projecting the costs
of these elements to the customer. Any changes in DUoS
rates will be passed directly onto the client and not
fronted by the REC with an inclusive contract.
What is a TRIAD?
The National Grid takes readings of maximum demands
three times a year. The average of the three readings
is used by the National Grid to calculate the demand
based transmission charges.
What is an all-inclusive offer?
This
indicates a supply offer which has all delivery charges
(DUoS & TUoS) built into the unit rates
for the supply of electricity.
What is GSP?
Grid Supply Point, (GSP) is where the National Grid
ends and electricity is distributed via the local area
network. Line losses occur during the transmission from
the national to the local network as the voltage is stepped
down to a usable current.
What are Tariff structures?
Suppliers quote for electricity in numerous different
formats. These range from simple one rate structures
(the same price per kWh at all times throughout the
year) to complex "Seasonal Time of Day" tariffs
which have multiple rates. i.e. the price changes 3,
6 or 8 times during the day and varies with the day
/ month concerned.
What is a GSP Offer?
To fully evaluate a GSP offer, one must add on all energy
transmission line losses (which are not published to
the general marketplace) and DUoS and TUoS in addition
to DUoS and TUoS line losses. This makes it difficult
to accurately evaluate the net delivered cost of a GSP
offer. In addition GSP offers can look extremely competitive
until you add in all the non-quoted additional charges.
EnergyQuote has eliminated this problem by only allowing
energy rates to be published to EnergyQuote which are
net delivered prices to customer meter (inclusive of
all line losses).
What is STOD?
Seasonal Time Of Day. (STOD) This is a supply tariff
where electricity is supplied at different unit rates
according to the time of day the power is taken by the
customer. Typically suppliers have different tariffs
for Day and Night, summer Day & Winter day & winter
peak supply times, generally between 4.00 p.m. & 7.00
p.m. In addition to this, they generally have an evening
supply period. STOD's can have between 4 & 56 different
unit rates in them.
What is Capacity Charge?
A unit rate of charge per kVa (or kWh) of demand made
available to a customer. This is also called an availability
charge.
What are Settlements Fees?
The Settlements Agency is the body that "settles" the
distribution of electricity to establish where and
to whom the generated load has been distributed. The
Settlements
fees are compulsory and are taken monthly to cover
this service.
What is MD?
This is an abbreviation for Maximum Demand, the highest
rate of flow of electricity in any 30 minute period.
MD is measured in kW.
What is a Meter Operator (MO)?
Any qualifying site which wishes to benefit from contract
rates must appoint a meter operator, this is usually
the host REC. It is the function of the meter operator
to maintain the half-hour data meter & collect
the data by means of a communication link, which is
normally a telephone line. A meter operator agreement
costs from £160.00 to £280.00 per annum
depending on factors such as the meter operator and
the type of meter. There will usually be a separate
charge for the communications link which varies from
area to area.
What does OH mean?
OH stands for Over one Hundred kilowatt and refers to
the maximum demand recorded on the site. An OH site must
have an electronic half hour data meter fitted.
What does UH mean?
A generic label for electricity sites that have demands
lower than 100 kW, Under a Hundred (UH).
What are Communications Fees?
These are the costs passed back to the customer to have
their half hour data remotely recorded via modem or
pak net radio each day and stored.