This is an excellent little widget that provides a good breakdown of costs in the power bill stack. I would probably have characterised the capacity market as part of the wholesale market, but that is very much up for debate! www.electricitybills.uk - ThreadSky

adambell.bsky.social • 46 days ago

This is an excellent little widget that provides a good breakdown of costs in the power bill stack. I would probably have characterised the capacity market as part of the wholesale market, but that is very much up for debate!
https://www.electricitybills.uk/

Comments

dangrey.bsky.social•46 days ago

The person who made that appears to be a genuine genius
https://benjames.io/

ben-jamez.bsky.social•45 days ago

Glad you enjoyed @adambell.bsky.social, thanks for the post 🙏

adambell.bsky.social•45 days ago

Not at all, fabulous work!

l-bow.bsky.social•45 days ago

"Distribution costs are going to increase a lot"
"Transmission costs are expected to increase significantly."
"Balancing costs [...] are increasing."
"[capacity market] costs will more than double by 2028."
Can somebody assure me this is not sleepwalking into stagnation on heat electrification?

dangrey.bsky.social•45 days ago

See that one-third of bills that are "wholesale costs"? That's buying gas, and will all but disappear

l-bow.bsky.social•45 days ago

Sure but latest round of renewables contracted in AR6 will be coming online out to 2029 at £70-83/MWh, similar or slightly above the past year's wholesale average

bogih.bsky.social•45 days ago

Balancing costs should be considered on the round. In the case where CfDs and RObare paid to turn down, that looks like a large cost. However, some of this cost is offset by lower support costs. Net on the bill, that effect is probably small, but just wanted to point out. P462 will reduce BM further

murmitchell.bsky.social•46 days ago

I think there might be a renewed focus this year on what policy costs go on the bill and what go on taxation. Always good to have more transparency.

insan3gl0ss.bsky.social•46 days ago

I didn’t realise that the RO part was so big!

stockfttp.bsky.social•46 days ago

Most projects until relatively recently. One caveat on the info boxes the RO starts to drop away from 2027 - not much lasts till 2037

sicy.bsky.social•45 days ago

“If you don't pay it, a Highland Cow will be dispatched to follow you around, and your water supply will be switched to exclusively dispense Irn-Bru.” 😂

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