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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.
The UK government intensified its efforts to respond to the cost-of-living crisis in May 2022, with a £5 billion windfall tax on energy companies to help fund a £15 billion support package for the public. The package included every household getting a £400 discount on energy bills, which would be in addition to a £150 council tax refund the ...
Notably, in 2018, the UK Government introduced a form of price cap regulation through a new cap for gas and electricity customers on standard variable tariffs. [3] In August 2022, the energy price cap was raised to £3,549 which would have pushed 8.2 million people into fuel poverty in October 2022 until March 2023.
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies .
The UK Government published its white paper on energy ("Our Energy Future – creating a Low Carbon Economy") in 2003, establishing a formal energy policy for the UK for the first time in 20 years. Essentially, the white paper recognised that a limitation of carbon dioxide (CO 2 – the main gas contributing to global climate change ) was going ...
Don't Pay UK was a grassroots direct action campaign in the United Kingdom that urge collective non-payment of energy bills. [ 1 ] [ 2 ] They planned to begin non-payment on 1 October 2022, when regulator Ofgem 's price cap was set to rise, if one million individuals had signed up.
In 2023, Powys council said it had written to the Welsh Government and UK government about permission to raise tax on water exports to England. Jane Dodds, leader of the Welsh Liberal Democrats, stated that she was "totally behind" the council's proposal plans, adding that they are a "step in the right direction". [51]
Volumetric pricing is a pricing strategy frequently used by the public utilities (e.g., water and power tariffs) where the fixed costs of the service are recovered proportionally to the amount of use.