Your 2020 guide to TPCs: Third party costs explained
19th February 2020
Did you know that the cost of electricity is less than 40% of the total amount of your energy bill? The rest of your bill is made up of a cocktail of costs that go towards keeping our energy supply safe and stable.
These costs do a variety of jobs, including but not limited to:
- Installing and maintaining the power grid
- Balancing the electricity system – ensuring there’s enough power around and on reserve
- Supporting renewable energy generation
TPCs can vary significantly from business to business. What’s more, these costs can be managed – just like switching off the lights at night can keep your bill down, keeping a savvy eye on TPCs can help look after your business’ bottom line. Understanding the multitude of TPCs can be a bit of a minefield, so we’ve created a helpful A-Z guide of all the different elements you might encounter in your energy bill.
We’ve also included forecasts and predictions of typical costs, which businesses are eligible to pay what, and more.
If it’s your job to sign your business’ energy contract, but don’t know your DUoS from your BSUoS, download our 2020 TPC guide below for free.
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