These are typically Government and third party levies that ensure we have affordable, green energy for the future.
How will these look on your bill?
VAT – Value Added Tax
CCL – Climate Change Levy
CFD FIT – Contracts for Difference
CM – Capacity Market
EU ETS – EU Emissions Trading Systems – EU ETS
FIT – Feed-in Tariff Scheme
RHI – Renewable Heat Incentive
RO – Renewable Obligation
Just like transportation and distribution, these are also classed as ‘non-commodity costs’ in the energy world.