Non-commodity charges (or third-party charges) are all the costs on your energy bill that don’t relate to the use of gas or electricity (the ‘commodity’). These charges can add up to 50-60% of your bill and these are rising year on year.
The world of non-commodity charges can be confusing, so who better to help you than NSG. We’ll ensure you’re being billed accurately through our in-depth Non-Commodity Analysis, potentially saving you thousands of pounds.
From April 2021, all meters will have third-party charges applied to them similar to bigger half-hourly meters, which could increase costs by up to 15%. And from April 2022, electricity charging structure changes could inflate electricity costs by up to 50%, especially for larger sites. That’s why it’s imperative you let us undertake due diligence for you.
Non-commodity costs of electricity and gas invoices have increased steadily across all European countries in recent years and will likely increase further. These costs cover things like transmission and distribution, funding for government schemes such as a drive to increase renewable generation, and other taxation. Whilst there are some common drivers, these costs can vary in size across the European countries in which our prospective clients operate.
Keeping an eye on changes and developments is an important aspect for cost control and effective budgeting, so our quarterly non-commodity cost report details the major developments and how these could impact future prices.
With non-commodity costs making up roughly 50% or more of electricity and gas invoices on average, our optimization service identifies suitable schemes and action points to reduce charges for our customers across Europe.
For more information, get in touch at firstname.lastname@example.org
NON COMMODITY COST REPORTING