Targeted Charging Review (TCR)
EIC can determine exactly how the Targeted Charging Review (TCR) changes will affect your business.
The way that distribution and transmission charges are calculated is changing from 2022
Distribution Use of System (DUoS) and Transmission Network Use of System (TNUoS) charges cover the costs of maintaining the electricity networks that supply your energy. Ofgem is implementing changes to these charges to ensure that costs are distributed fairly across all consumers.
From April 2022, a proportion of your DUoS and TNUoS charges will be based on a series of fixed charging bands. The band you are placed into will depend on your average annual consumption for non-half hourly (NHH) sites or average capacity for half-hourly (HH) sites, calculated over the past two years.
How EIC Can Help
Whilst we can’t change which charging band you’re placed into, we can ensure you are fully prepared for the impact of the TCR on your bills. Our team of specialists work hard to identify trends, examine historical figures and forecast for the future. Their expertise has enabled us to produce the Long-Term Price Forecast Report. A valuable tool that illustrates the annual projected increases to your energy bills and calculates your energy spend for the next 5 years. The report allows you to confidently plan your long-term budget and avoid any nasty surprises.
What does the Long-Term Price Forecast Report include?
EIC’s site-specific report has three main sections:
- Scenarios: a narrative sets the scene for the price forecast. It discusses the market drivers and the effect they will have on prices throughout the years.
- Price forecast: a simple graph and chart illustrate the fully delivered budgets.
- Explanatory notes: a step by step guide to each aspect of the forecast with an explanation of each element of your bill.
Why choose EIC?
EIC has an expert team of energy market specialists interpreting the complex energy markets on your behalf. We can help you gain key market insight to aid negotiations on energy costs. As well as support and guide your future energy strategy through our comprehensive market insights.
EIC has an expert team of Energy Market Specialists interpreting the complex energy markets on your behalf.
Get in Touch Today
To find out more about TCR, what it means for your business and how EIC can help.