Businesswise Solutions Launches Updated Guide to Non-Commodity Electricity Charges
Businesswise Solutions has launched its updated Understanding Non-Commodity Electricity Charges guide, sharing the latest insights into the costs shaping electricity bills and forecasts through to 2030/31.
As electricity costs continue to rise, understanding the charges beyond wholesale energy prices is becoming even more important for businesses managing operational expenditure and planning future budgets.
The guide explores network charges, system balancing costs and government policy levies, examining the factors driving changes and their potential impact on business electricity expenditure.
Rising costs and changing charging structures
One of the key findings is the anticipated rise in electricity network costs. Transmission and distribution charges are forecast to increase significantly from 2027/28, reaching a combined unit-rate equivalent of approximately 9p/kWh in 2028/29.
Government taxes and levies are also expected to remain a substantial part of electricity expenditure, with forecasts indicating costs of around 7p/kWh by 2030/31.
Alongside these increases, changes to network charging structures mean that a greater proportion of costs is now recovered through fixed charges, rather than being based solely on electricity consumption.
What does this mean for aerospace businesses?
For aerospace manufacturers and suppliers, these developments highlight the importance of looking beyond the headline electricity unit rate when forecasting future operating costs.
Businesses with high electricity demand or multiple sites may find that their network connection arrangements, agreed capacity and charging classifications have a considerable influence on their overall expenditure.
While improving energy efficiency can help reduce consumption-related costs, it may not deliver the same savings across fixed elements of the electricity bill.
Understanding these charges can help aerospace businesses anticipate potential cost pressures, review existing arrangements and make more informed decisions about future energy requirements.
Explore the updated guide
The updated Understanding Non-Commodity Electricity Charges guide brings together the latest available data, explanations of individual charges and forecasts through to 2030/31.
It provides a practical resource for aerospace manufacturers and other businesses looking to better understand their electricity expenditure and plan for future cost changes.
Download the updated Understanding Non-Commodity Electricity Charges guide from Businesswise Solutions.
