Rise of non commodity costs in your business's electricity bill
8th June 2020
With the non-commodity proportion of business electricity bills growing exponentially, these cost elements are coming under increasing scrutiny from market commentators and end-users alike.
Government policy has proved the driving force behind these tariff increases, which look forecast to grow further as a result of ever changing legislative energy policy and increasing demands on the National Grid.
The table below provides a forecast of forward non-commodity costs, showcasing The growing influence they look set to have in The overall cost for end-users. Using published rates, inflationary measures and forward-looking estimates, the below provides a guide to estimate your future electricity costs, with forward-curve wholesale commodity costs at their current level as of 06 April 20. Please note that the below figures provide mere indication and should only be referred to as such.