It’s the start of a new year, a time when many organisations are delving into their business costs and budgets. As part of this, it’s important to fully understand the various charges that make up your electricity bills.
So in our latest episode of Bryt Minds, our experts break down some of the main costs that make up electricity prices, including the purpose and origin of each. Luke Kemp, our Head of Portfolio and Pricing, explains what makes up network charges, whilst Chris Pitt, Head of Retail Energy Cost and Risk, explores all the elements that make up environmental charges. Catch up on their bitesize episodes, below.
What is Bryt Minds?
Our content series, Bryt Minds, calls upon our experts to break down complex topics in the energy industry, explaining the here and now to help businesses navigate the journey to net zero.
You can find the previous episodes of Bryt Minds here:
Replacing your Radio Teleswitch Service (RTS) Meter
What makes up electricity prices?
What impacts electricity prices?
Understanding the Market-Wide Half-Hourly Settlement (MHHS) programme