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Oct 26, 2023 · Act will help unlock £100 billion private investment in energy infrastructure and scale up jobs and growth. Measures set to accelerate development of offshore wind and help deliver our net...
- Overview
- Who This Applies to
- Obligations on Intermediaries
- How The Pass-Through Requirement Is Calculated
- What An End User Can Do If The Pass-Through Requirements Are Not Met
- Relevant Legislation and Other Information
In response to the unprecedented rise in energy prices, the government has introduced energy price support to shield households and businesses from spiralling prices. Without the launch of the schemes, businesses and consumers would have been left facing increasing cost of living pressures, with household energy bills estimated to increase to as hi...
Intermediaries
Relevant intermediaries are any individual or organisation that holds an electricity and/or gas contract and passes on the costs of the energy supplied under this contract to an end user of the energy supplied. This would also cover intermediaries supplying a product (or service) where contractually a component of the price relates directly to the cost of electricity and/or gas. This may include but is not limited to: 1. landlords 2. sublets 3. student accommodation managers 4. social housing...
End users
An end user is the consumer of energy that is provided by an intermediary, this could include domestic or non-domestic consumers. In the Act, section 19, an end user of an intermediary is a person: 1. to whom energy is made available by the intermediary, where energy price support has been provided to the intermediary in respect of that energy 2. to whom heating, cooling, hot water or electricity is made available by the intermediary using energy in respect of which energy price support has b...
Passing on any benefit in a just and reasonable way
Intermediaries must pass on the discount irrespective of how the end user pays for their energy use. They can adjust the amount they pass on based on their charges to end users and must demonstrate to end users that this amount is just and reasonable. Intermediaries can take into account the extent to which they have increased their charges to end users as a result of the energy crisis. For example, if the intermediary has shielded its end users from the impact of increased energy prices it m...
Below is a series of illustrative examples of how the pass-through requirements apply in hypothetical scenarios. This is not an exhaustive list, and each individual case should be considered in line with the pass-through Regulations.
End users should not need to take action to receive this benefit as the obligation is on intermediaries to pass through the benefit and provide the information necessary to do so. If you do not believe this obligation has been met, you are advised to contact your intermediary to resolve this in the first instance. Within the regulations, there is a...
Oct 27, 2023 · The Energy Bill, first announced in the Queen’s Speech on 10 May 2022 and introduced to Parliament on 6 July 2022, received Royal Assent on 26 October 2023, and is now the Energy Act 2023 (Act) – the Department for Energy Security and Net Zero issued a press release the same day headed ‘ New laws passed to bolster energy security and deliver net...
Feb 26, 2024 · Energy Bill [HL] 2022-23, parts 1, 2 & 3: carbon storage, hydrogen, and new technologies : covers parts 1 to 3 of the Energy Bill, including carbon dioxide usage, transport and storage, hydrogen production, the hydrogen village trial and new technologies.
Nov 28, 2023 · A Bill to make provision about energy production and security and the regulation of the energy market, including provision about the licensing of carbon dioxide transport and storage; about commercial arrangements for carbon capture and storage and for hydrogen production and transportation; about new technology, including low-carbon heat ...
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not...
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Nov 17, 2023 · The Act seeks to strike a balance in the so-called energy trilemma: transitioning the energy sector to net zero in an affordable way for households and businesses while securing resilient supply of energy.
