13 Dec
How to Tackle Triads this Winter to Reduce Your Half Hour Electricity Bills
Posted on Dec 13, 2021 by D-ENERGi
During the winter months, business and domestic users tend to use much more energy, including half hourly electricity. To manage this demand, the National Grid uses Triads to encourage businesses to reduce their energy consumption at peak times.
If your business is reliant on half hourly electricity prices then it is important to understand Triads and how they work, as they can have a huge impact on your electricity bill.
What are Triads in electricity?
The National Grid uses Triads to calculate how much half-hourly metered businesses will pay for their energy use over the winter months.
Triads are the name for the three half-hour periods during the winter that tend to see the most energy usage. They can happen on any day from the 1st of November to the end of February, however, they must be at least 10 days apart so that they don’t fall on consecutive days.
They usually also take place between 5 pm and 6 pm as this tends to be when energy consumption peaks for both domestic and business users – but Triads can sometimes fall outside of this window.
How do electricity Traids affect business energy bills?
Electricity Triads only affect businesses who use half-hourly electricity, which tends to be businesses that are of medium or large size.
One of the most significant costs these businesses will see on their energy bills – aside from commodity costs – is the Transmission Network Use of System (TNUoS) charge that is paid to maintain the electricity transmission system in the UK.
If your business receives half-hourly electricity bills, then your total TNUoS charge for the following year is calculated based on the amount of energy your business uses in the three half-hour Triad periods.
So, if your business tends to use a lot of electricity, ensuring you optimise your usage during the three Triad periods can make a huge difference to your annual spend. The more you can reduce your electricity consumption during the Triad periods, the lower your TNUoS charges will be for the rest of the year.
How can you reduce your Triad-related business electricity costs?
Despite the uncertainty, there is over exactly when Triads occur, there are certain things you can do to minimise their impact:
- Optimise your business hours and energy consumption to minimise energy usage during the Triad period, perhaps by turning off non-essential machinery or using an on-site generator instead. You need to do a cost-benefit analysis before you do this though, to make sure any savings you may potentially make will outweigh the incurred costs
- Treat every day as if it is a Triad day. Regardless of when Triads occur, you can keep your energy usage to a minimum every day by turning off lights that aren’t in use so that you don’t get hit by spikes.
If your business uses half-hour electricity and you want to see if you can reduce your bills, get in touch with the team at D-ENERGi today.
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Read Article The majority of businesses require considerable more electricity than the average home. This can work in your favour as it can enhance your negotiation price with your commercial energy supplier – in most cases.
Finding the perfect deal for your commercial electricity rates can be quite tedious and time consuming.
As a result you will find that most businesses use a specialised energy broker experienced in energy negotiation, which is understandable. However most energy brokers will typically add in a margin on the unit rates and standing charge so they can generate a commission on the energy a businesses may consume. Therefore the most reliable way to getting the best deal is by directly calling commercial energy suppliers yourself and shopping around. You may be surprised about the fact that by speaking to a commercial energy supplier direct, like ourselves, you may able to get better commercial electricity rates.
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All energy suppliers will try and persuade you to allow them to supply your business electricity, but we want to ensure you that with a D-ENERGi quote you will feel no pressure – it is completely your decision, only you know what is best for your business and its energy needs.
In the 1990’s a deregulation occurred which changed the game. Both domestic and business energy customers all over the UK can become a customer to the energy supplier of your choice. Once you switch suppliers, the only change you will notice is a different company logo on your bill and considerably lower charges.
The ‘Big 6’ energy suppliers admittedly supply the majority of businesses in the UK but if you shop around, you should notice smaller, less popular suppliers could help you and your business save amounts you wouldn’t believe – it’s worth switching your investigation mode on!
Comparing electricity prices
Comparing the prices for electricity can and will help you find what it is exactly that you need for finding the cheapest rates. Proceed with the following steps to learn how to compare electricity rates to the best of your ability: Find a recent if not the most recent electricity bill from your current supplier.
Look around for a trusted electricity price comparison site, ensure the site you find offers you a whole market view, some of them will only show you plans you can switch to via their company
Fill in the data captures with your electricity usage details as requested – this is so you can receive the most accurate results which are specific to your region and consumption
Review your electricity comparison results – switching online could save you hundreds or you may just be checking to see how your current electricity plan compares to the rest of the market.
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