Close Menu

Your business can save money

Our clients save an average of 24% on utility costs. Get a free health check for your company.

Free energy health check

Industry insights

Update on TCR - Targeted Charging Review

Amanda Byrne

13th April 2021

There's been a significant update on the Targeted Charging Review further to Ofgem publishing an open letter.

The letter indicated a delay to the implementation of changes to the way residual transmission costs are charged as part of the Targeted Charging Review. 

The key takeaways are:
• It's likely that the changes to the way TNUoS residual costs are charged, from triad based to a fixed cost, are going to be delayed and will now be implemented in April 2023 rather than April 2022 as previously indicated.
• The changes to the way DUoS residual costs are charged will still go ahead in April 2022.
• Ofgem will update us on their plans after 6 May 2021.

Based on the latest information from Ofgem, many energy suppliers have quickly amended their pricing to properly reflect this update. Some in-flight quotes may need to be re-priced.

Read the fundamentals of TCR here and what it means to your business energy bills.

More like this

Job Opportunity - Account Manager

Read more

The difference between SECR and ESOS energy schemes

Read more

Targeted Charging Review (TCR) and what it means for my business energy

Read more

Your business can save money

Our clients save an average of 24% on utility costs. Get a free health check for your company.

Free energy health check

Our leadership team

Shaun McClarnon

Managing Director

Stephen Cross

Operations Director

Carl Barker

Purchasing Director

Rob Young

Head of Account Management