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MSP kWh is the amount of electricity consumed at the 'meter supply point', which is the customer's meter. GSP kWh is obtained by multiplying the MSP kWh by the Line Loss Factor (LLF, a figure > 1) to include the amount of electricity lost when it is conducted through the distribution network, from the 'grid supply point' to the customer's meter.
The simple rate charges a specific dollar per kilowatt hour ($/kWh) consumed. The tiered rate is one of the more common residential rate programs. The tiered rate charges a higher rate as customer usage increases. TOU and demand rates are structured to help maintain and control a utility's peak demand. [6]
In both years the United Kingdom was the fourth highest producer of electricity from gas. In 2005 the UK produced 3.2% of the world total natural gas; ranking fifth after Russia (21.8%), United States (18%), Canada (6.5%) and Algeria (3.2%). In 2009 the UK’s own gas production was less and natural gas was also imported. [60] [61]
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He projected that inflation will accelerate following last week’s 25% rise in UK gas prices and 7% rise in UK electricity prices. Citi said it expects the October energy price cap to reach £ ...
It is the pricing and delivery point for the ICE Futures Europe (IntercontinentalExchange) natural gas futures contract. It is the second most liquid gas trading point in Europe [2] and has a major influence on the price that domestic consumers pay for their gas [citation needed]. Gas at the NBP trades in pence per therm.
By April 2012, 12,000 systems had been installed and the rate decreased to 54.9¢/kWh, for applications received after 1 September 2011. [58] [59] The price schedule as 2013 revised solar prices down to 28–38¢/kWh. [60]
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...