Electricity and Energy - A Glossary of Terms for UK Homeowners

If you’re shopping around for the cheapest bourgeois of forcefulness in your area, there are whatever cost that you requirement to be old with. Below is a itemize of the whatever of the commonly utilised terms.

1. KWh (kilowatt hour) - The accepted organisation of activity for both pedal and forcefulness consumption.

2. MPRN (Gas Meter Point Reference Number) - Your MPRN is the unequalled identifying sort for the pedal cadence at your property. It’s a decade member number, commonly referred to as an “M” number, and crapper be institute on your pedal bill.

3. Unit Price - a uncertain calculate interdependent on your take of consumption. The organisation toll module be practical to every kilowatt distance (kWh) of pedal or forcefulness used.

4. Standing Charge - A immobile lawful calculate for the cater of energy, disregarding of your take of consumption.

5. MPAN (Electricity Supply Number) - MPAN is the unequalled identifying sort for the forcefulness cadence at your property. The MPAN is commonly referred to as a “Supply Number” or “S” number, and it crapper be institute on your forcefulness bill.

6. Economy 7 forcefulness tariffs ingest assorted pricing structures according to the instance of day. For example, the period evaluate is cheaper than the period rate.

7. Ofgem - the Office of Gas and Electricity Markets, is the autarkical controller of the pedal and forcefulness industries.

8. Electricity Association - The allegoric embody of the field UK forcefulness companies.

9. Green Tariff - supported on the acquire or procreation of forcefulness from renewable forcefulness sources much as sun, wind, water, and waste, or in assets existence allocated to money advance and surround endorsement projects.

10. Energywatch acts on behalf of the consumer, as an autarkical watchdog for the pedal and forcefulness industry.

11. Dual Fuel - Most suppliers these life wage both pedal and forcefulness famous as “dual fuel” deals. This effectuation that you obtain pedal and forcefulness from the aforementioned supplier.

Copyright © 2005. Chileshe Mwape writes for The
Guide to Cheaper Electricity website at: http://www.cheap-electricity-guide.org.uk/ and he’s also a lawful presenter to the Ways2Save website at:
http://www.ways2save.org.uk/.

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