Notification of Electric prices for October 2023
|Standard rate||31.00 pence||3.88 pence|
|Day rate (7.00am – 12.00pm)||33.00 pence||3.88 pence|
|Night rate (12.00pm – 7.00am)||29.56 pence||2.95 pence|
Availability: £4.98 per month
Please note: FWP charges NFD a rate per unit based on those used by Scottish Hydro Electric charges locally, using a two tariff system described as ‘Standard energy’ (the Day rate) and ‘Heating control energy’ (the Night rate). In addition, there are various other taxes and standing charges payable by NFD.
NFD, however operates a three tariff system; Standard, Day and Night and the incoming bill from FWP to NFD has to be ‘translated’ into these three rates to be applied to the monthly bills issued at the Park. There is no mark-up used in this calculation.
Last month’s prices for September 2023 were:
- Standard rate 44.23 pence
- Day rate 43.38 pence
- Night rate 32.19 pence
FWP statement on Park Electricity Price Rises:
The price charged by FWP to NFD is based on Scottish and Southern Energy’s (SSE) domestic green tariffs and these have recently gone up, hence this increase.
When the wind does not blow strongly enough or the sun doesn’t shine for long enough (FWP has a number of PV panels in East Whins) to generate all the power required for the Park FWP imports the balance from the grid. With the recent growth of the Park estate (East and West Whins), FWP is now a net importer rather than exporter of electricity. Even so, about half the power used by the Park is purchased from SSE. The cost to FWP of this import electricity has now gone up in line with the national increases.