Third Party Costs Explained: Watch the video series
Did you know that Third Party Costs (TPCs) – those not directly related to the price of electricity or other commodities – account for around 60% of the typical energy bill? And yet, even more surprisingly, many organisations either misunderstand or ignore TPCs.
That’s why we’ve launched TPCs Explained – a new educational hub designed to make these non-energy costs more transparent as well as easier to understand. Our aim is for these bite-sized videos to help you get to grips with the charges that make up the non-commodity elements of your energy bill.
Whether you’re new to energy management or looking to refresh your knowledge, TPCs explained will help you build confidence in how these costs are recovered – one video at a time.
What to expect in TPCs Explained
In 13 short videos with accompanying articles, our TPCs Explained series sees Daniel Starman, our Energy Market Lead and Intelligence expert, breaking down each third party cost in turn. In the series, you’ll find answers to key questions such as:
- What’s this cost all about?
- How does it work?
- What percentage of my energy bill does it account for?
- How is it recovered?
- What factors drive it?
Each video provides you with clear, jargon-free explanations you can revisit at any time.
Bridging the knowledge gap
TPCs Explained is part of our ongoing commitment to helping customers and partners understand the GB energy landscape.
We’ll update the TPCs Explained hub every Spring, in line with our Electricity Prices Explained guide.
Start your learning journey
Explore the full TPCs Explained series today and take the first step towards understanding the costs behind your energy bill.
Access TPCs Explained nowDisclaimer
We’ve used all reasonable efforts to ensure that the content in this article is accurate, current, and complete at the date of publication. However, we make no express or implied representations or warranties regarding its accuracy, currency or completeness. We cannot accept any responsibility (to the extent permitted by law) for any loss arising directly or indirectly from the use of any content in this article, or any action taken in relying upon it.
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