Understanding business energy shouldn’t be complicated. This glossary breaks down every key term you’ll find on energy bills, supplier contracts, and the wider UK energy market.
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The “pipes and wires” costs.
Legacy renewables scheme cost.
National grid network cost.
Local network charge.
Cost of balancing the grid.
A low-carbon support mechanism.
A legacy renewables scheme cost.
Business energy tax per kWh.
A security-of-supply charge.
The non-energy part of your bill.
Price per kWh you use.
Daily fixed fee for an active energy supply.
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