Lastly, Taxes and Levies

July 8, 2022

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.