Energy Market And Rates Consultants Limited (EMRC Nigeria)’s Post

EDF launches trials on cash-saving tariffs. The energy supplier has invited more than 2,000 customers to test new tariffs and energy solutions, aiming to reduce costs. #energybills #energyconsumption #energycosts #energycrisis #energycustomers #energyprices #energyretail #energysupplier #energytariff #energyusage

Have you installed solar panels but not sure how to start earning from your excess energy? 🌞💰 We can guide you through export tariffs, paperwork, and setup! Read our latest blog to find out more. https://zurl.co/Lk3g #SolarEnergy #RenewableRevenue #HeresThePlan

Wasps preferred over unfair energy tariffs Ofgem is considering reintroducing "new customer-only" tariffs previously banned in 2022, sparking debate over fairness in energy pricing, as revealed by a recent survey by Octopus 🔗 Read more: https://lnkd.in/eQjY8Wed 🌐 Visit: https://lnkd.in/etJGmpAS Learn more about our project financing. Powering Progress, Investing in Energy. #energy #markets #projectfinancing

CRU has announced an increase in Distribution Use of System (DUoS) and Transmission Use of System (DTUoS) tariffs, effective from 1 October 2024. These changes could significantly impact your business’s energy costs, especially if you have high energy consumption. 🔍 What Does This Mean? DUoS and DTUoS charges are additional costs that businesses incur for accessing and using the electricity grid infrastructure. These charges help cover the costs of maintaining and upgrading the grid, ensuring a reliable electricity supply.  ☑️ DUoS: Applies to the use of local distribution networks.  ☑️ DTUoS: Covers the use of the high-voltage transmission network that transports electricity over long distances. Key Changes:  ☑️ Average Unit Price (AUP) for Transmission: Expected to rise by 30.4% for the 2024/2025 period, reaching 3.91 c/kWh.  ☑️ Overall Increase: The combined impact of DUoS and DTUoS tariffs is an approximate 15.6% increase compared to 2023/24. The changes in tariffs will vary based on your business’s energy consumption, the time of day you use energy, and whether you are connected to the distribution or transmission network. For a more detailed breakdown and to better understand how these adjustments might affect your business, please visit the link to our latest blog post. 🌱 How Can Digren Energy Help? At Digren Energy, we understand the challenges posed by rising energy costs. We offer efficient solutions designed to reduce your reliance on the grid and mitigate the impact of these increasing charges. Whether through renewable energy solutions, energy storage systems, or optimised energy management, we can help you minimise costs while enhancing your business’s sustainability. Contact us today to explore how we can help your business stay competitive and sustainable in the face of increasing energy costs. Read the full article here: https://lnkd.in/eg2bXAjT #EnergyEfficiency #CostReduction #DigrenEnergy #BusinessGrowth #Sustainability #DUoS #DTUoS #ElectricityCosts #RenewableEnergy #BusinessEnergy #ESBNetworks #CRU

How Feed-in Tariffs Can Reduce Cost Of Solar Energy

‘Energy customers support fair tariffs for all.’ A new survey found that nearly 93% of UK consumers believe energy suppliers should not restrict their best deals to new customers, amid Ofgem's consideration of lifting the ban on acquisition-only tariffs. E.ON UK Chris Norbury Department for Energy Security and Net Zero YouGov #energycosts #energyprices #energydemand #energycustomers #energyconsumption #energytariffs #energymarket #energysector

'Energy customers support fair tariffs for all' A new survey found that nearly 93% of UK consumers believe energy suppliers should not restrict their best deals to new customers, amid Ofgem's consideration of lifting the ban on acquisition-only tariffs 🔗 Read more: https://lnkd.in/e7C2JuY6 🌐 Visit: https://lnkd.in/etJGmpAS Learn more about our project financing. Powering Progress, Investing in Energy. #energy #markets #projectfinancing

So much activities in this space.... On tariffs alone, Nigerian Electricity Regulatory Commission (NERC) has, in addition to the Multi-Year Tariff Order, 2024, issued two supplementary MYTO orders on  28 March 2024 (effective 3 April 2024) and 3 May 2024 (effective 6 May 2024). In this article prepared by the #Power and #Infrastructure team at Olaniwun Ajayi , we reviewed the #NERC Orders and the likely impact on the Nigerian Electricity Supply Industry. Two main introductions are:  🎯 the hike on the tariffs paid by Band A customers in the Federal electricity market.  🎯DisCos to procure a minimum of 10% of their load allocation for 2024 from embedded generation. Fifty percent (50%) or half of this capacity must be sourced from renewable energy sources. DisCos have been given until 1st April 2025 to fulfill this mandate. I have read about the implementation of RPOs (Renewable Purchase Obligations) in other jurisdictions and it's interesting to see that this is gradually being implemented within the NESI. It remains to be seen how #NERC intends to track DisCos compliance with this directive. Have a good read. 😀

Will this be the catalyst for the mass uptake of batteries? Recently the Australian Energy Market Commission changed the rules to give distribution network companies in the eastern states the right to impose export tariffs on the owners of small generators. Let's see how the distribution networks plan to exercise this right: All NSW distributors intend to impose export tariffs. - Essential Energy will start from 1 July 2024 - Ausgrid and Endeavour Energy from 1 July 2025. Evoenergy in the ACT will impose export tariffs from 1 July 2025. SA Power Networks will impose export tariffs from 1 July 2025. TasNetworks will wait until 2029 to decide. Common to all of these distributors is that they intend to apply export charges on all small generators regardless of their location, and none proposed to do the same for energy provided by large generators on their networks or via the transmission networks (presumably large generators have offtake agreements). Is this the lucky break batteries needed in Australia or simply necessary to prevent the solar 'duck curve' from getting unmanageable? #solar #solarpv #renewableenergy #energy #batteryenergystorage #battery #energystorage

An article on Energy Live has highlighted how consumer groups and energy firms are advocating for Ofgem to reconsider lifting the ban on acquisition-only energy tariffs, citing concerns over fairness for existing customers and potential loyalty penalties. Read more 👉 https://bit.ly/3XW6PqO ✉️ info@businessenergysavingsteam.com 📱 0333 2008 666 #energysavings #energybills #saveonenergy #businessavings