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Targeted Charging Review (TCR)
Huge changes have been made to how your business is charged for network usage.
Find out today how your business energy bills will be impacted moving forwards.
How will TCR impact future billing?
Breakdown of your bill
The Targeted Charging Review (TCR) is an initiative established by Ofgem aimed at ensuring energy network charges are fair for all businesses.
This fundamentally means charges for businesses connected to the network should be based on the size of their site and overall energy usage.
Ofgems’s investigation determined these charges were uneven between large and small business consumers, partially down to load-shedding strategies employed by larger consumers.
New practices will see:
- Transmission charges becoming fixed and dependent on usage.
- Distribution rates decreasing and costs weighted more heavily towards daily standing charges.
- Overall charges differing depending on your meter type.
Following years of delays, the new system was finally rolled out in April 2023.
Get Smarter
TCR explained and its impacts
In our dedicated blog, we discuss how the changes will be implemented and address popular customer queries, including:
- What are network charges?
- How will TCR change things moving forward?
- How do I know what band I’ll fall into?
- Which businesses will be most impacted?
- How can Procure Smart help?
Free TCR Bill Consultation
Speak to our experts for free advice on how TCR could affect your bill.
Stop wasting your valuable time shopping around for the best deals for your business, get smart, and let us do the hard work for you.
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Email: info@procuresmart.com
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