‘Missing Gas’ Costs to Escalate
Posted on 22 December 2011.
Since April of this year the costs of so called ‘missing gas’ were estimated to be some £2.75m and have been paid by Industrial and Commercial customers where previously these costs were levied against Domestic customers.
However, following a recent study by the newly appointed Allocation of Unidentified Gas Expert (AUGE) it is now thought that the volume of ‘missing gas’ is nearer 2,000GWh which at today’s prices has a value of around £50m and this will be levied against Industrial and Commercial customers. This could result in up to a 20 fold increase in the charge for non-daily metered customers using between 72.3 MWh and 1GWh.
For the full article see http://www.jarrang.com/client/gdfsuez/insight/2011/issue1/story2.html