VIDEO: British gas tariff overhaul - additional storage discount requested

Author: Jake Stones

2020/06/29

LONDON (ICIS)--Market Reporter Jake Stones explains further development in the ongoing British gas tariff overhaul set to come in place from October this year. Read the full article here.

  • Storengy has applied for another discount to the new gas tariff regime set to come in place from 1 October
  • The discount is for Revenue Recovery Charges, which is an additional capacity charge used to ensure National Grid generates enough revenue over the gas year
  • These costs can go up and down based on grid utilisation, and currently storage users need to pay them in full when both injecting and withdrawing

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