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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.
In 2020, coal produced 4.4 TWh of electricity and Britain went 5,202 hours free from coal electricity generation, up from 3,665 hours in 2019 and 1,856 in 2018. [73] In August and September 2021, the UK had to restart coal plants, amidst a lack of wind, as power imports from Europe were insufficient to satisfy demand. [74] [75]
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In 2000 this was amended to compensation "at the average retail utility energy rate". This is the simplest and most general interpretation of net metering, and in addition allows small producers to sell electricity at the retail rate. [4] Utilities in Idaho adopted net metering in 1980, and in Arizona in 1981.
The company's founder and Chief Executive Officer is Bill Bullen. The company specialises in prepayment (pay-as-you-go) metering. [1] In 2005, Utilita became the first company in Great Britain to install a smart electricity meter in the residential sector, and in 2008 Utilita became the first to install a gas and electricity smart meter system. [1]
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Another advantage is that billing can be based on near real-time consumption rather than on estimates based on past or predicted consumption. This timely information coupled with analysis can help both utility providers and customers better control the use and production of electric energy, gas usage, or water consumption.
In 2010, the UK government estimated that feed-in tariffs to support small-scale low-carbon generation would cost £8.6 billion up to 2030 and produce monetised carbon savings worth £0.42 billion. [10] Feed-in-Tariff payments are tax-free in the UK. [11]
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