Energy Surcharge
As previously communicated, following a review of the impact of the UK Government’s Energy Bill Relief Scheme on our business and energy costs, we set the Energy Surcharge at the capped level of 219.80p/therm (pence per therm).
At the close of play on 23rd August 2023, the average of the daily NBP settlement price, traded forward for September 2023 was 88.45p/therm (pence per therm). This is below the 205p/therm entry for our current Energy Surcharge mechanism.
As a result of the above all deliveries to all customers on or after 1st September 2023, will not include any Energy Surcharge.