Industry Updates

Industry changes include regulatory updates, new government levies, Ofgem price cap adjustments, changes to network charges, market structure reforms, and policy shifts affecting how energy is bought and sold. Examples include the Nuclear RAB Levy, TNUoS changes, EII Support Levy, and modifications to supplier licence conditions. These changes can directly increase your energy bills or create new opportunities if understood early.

Many businesses don't track industry changes and are blindsided when costs suddenly increase. New levies, regulatory changes, and market reforms often add hundreds or thousands to annual energy bills. Businesses that stay informed can anticipate cost increases, factor them into renewal negotiations, and sometimes find loopholes or opportunities. Staying ahead means better planning, lower costs, and fewer surprises.

Regulatory changes typically can't be applied retroactively to existing fixed contracts—your rate stays locked in. However, they affect renewal pricing. If a new levy is introduced, suppliers factor it into new contract rates, making your renewals more expensive. If you understand the change early, you can lock in a deal before suppliers adjust their rates. This is why timing renewals around regulatory changes matters.

No—if you're on a fixed-rate contract, regulatory changes don't affect your rate during the contract term. However, some costs like government-mandated levies or pass-through charges can sometimes apply separately to fixed contracts, depending on the contract terms. Always ask about these when signing. Most fixed contracts protect you from market price increases, but they don't always protect you from government-mandated levies. Read the fine print.

The Nuclear RAB Levy is a government charge to fund decommissioning of old nuclear plants. It adds approximately 0.28p/kWh to electricity bills. While it sounds small, for a business paying £50,000/year, it's an extra £600+ annually. Different suppliers apply it differently—some add it transparently, others bury it in rates. Understanding where this cost appears in your bill helps you negotiate better and compare quotes accurately.

TNUoS (Transmission Network Use of System) charges are fees for using the UK's electricity transmission network. They vary by region and time of use. Rising TNUoS charges are one of the biggest cost pressures on business energy bills. Understanding your TNUoS region and how charges are calculated helps you compare quotes fairly and anticipate future increases. These charges change annually, usually in April, so renewal timing matters.

Track regulatory changes and plan your renewal timing around them. If a new levy is being introduced next month, try to renew before it takes effect. If market reforms are coming, understand how they'll affect pricing. Watch for announcements about TNUoS changes (typically April). Use this knowledge to negotiate with suppliers and compare quotes fairly. Businesses that combine market knowledge with supplier intelligence make the best renewal deals.

Some changes happen annually (like TNUoS adjustments in April), while others are irregular (like new levies or regulatory reforms). The Ofgem price cap changes quarterly. Government levies can be introduced with little notice. By staying informed through industry updates, you'll know what's coming and when, so you can plan renewals strategically. Most major changes are announced months in advance, giving you time to act if you're paying attention.