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May 06, 2005
Gas Distribution Charges set to increase
Transco has published its indicative charges for gas distribution networks.
Under the terms of Transco's Gas Transporter licence they must provide OFGEM with notice of any proposal to alter their charges at least 150 days before the proposed implementation date.
Worst effected by this proposed change will be gas consumers served by the London Distribution Network where the increase is proposed at 11.5%.
The is followed closely by the North Distribution Network where the increase is proposed at 8.5%.
OFGEM are seeking views to these changes before the 3rd June 2005. Responses can be sent to:
Samanta Padalino
Head of Gas Distribution Policy
OFGEM
9 Millbank
London
SW1 3GE
or emailed to samanta.padalino@ofgem.gov.uk
The following table shows the proposed changes for the the year 2005-2006 along with a forecast for the year 2006-2007.
| Indicative Changes to Gas Distribution Charges over the next two years | ||
| Distribution Network | October 2005 % change | October 2006 % change |
| East | 9.4 | -4 to -1 |
| London | 11.5 | -2 to 1 |
| North West | -4.8 | 8 to 11 |
| West Midlands | 1.9 | 4 to 7 |
| North | 8.5 | -4 to -1 |
| Scotland | 1.1 | -4 to -1 |
| South | 4 | -1 to 2 |
| Wales and West | 2.2 | 3 to 6 |
| National Weighted average | 4.6 | |
| Source: www.energylinx.co.uk | ||
Transco have to use reasonable endeavours not to make changes to charges more frequently than once a year and for such change to take place from 1 October.
At this stage no gas supplier has advised of any price increase in the cost of purchasing gas from them, in the meantime however Energylinx would encourage gas consumers to compare prices of their gas supplies to ensure that they have the best deal available to them.
These Energylinx calculators are unique in that they allow you to compare the prices of all energy suppliers.
Energylinx will arrange the whole transfer process for you, including notifying your existing supplier of any planned change and tracking the transfer to ensure that it occurs on time and accurately. Energylinx provides its services completely free of charge to the domestic consumer.
Posted by energylinx at May 6, 2005 11:49 AM Technorati: Energy Prices
