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‘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