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).
February has seen a further fall in the forward wholesale gas prices and at the close of play on 20th February 2023, the average of the daily NBP settlement price, traded forward for March 2023 was 134.70p/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 March 2023, will not include any Energy Surcharge.