Guide to generating and selling electricity on residential developments
Heat network specialist Switch2 Energy and law firm Penningtons Manches Cooper have published a free guide to selling electricity generated on-site at residential developments.
The sale and distribution of power is regulated, requiring a licence from Ofgem in many instances, but there are exemptions that can apply to residential schemes, including heat networks.
The guide will help heat network operators understand the rules and regulations of supplying electricity to residents connected to a site’s privately operated electricity network. This points the way to unlocking the potential of lower carbon, integrated local energy systems.
By adding power supply into local heat networks, residents can benefit from lower, stable electricity prices, as well as affordable heat. In addition, landlords can use savings to offset heat network costs. This is particularly important during the expensive transition to lower carbon systems and provides scope to introduce additional services, such as electric vehicle charge points.
Ian Allan, Head of Market Strategy for Switch2, said: “There is strong interest from developers, landlords and ESCos in supplying residents with electricity as part of a heat network service. This makes strong commercial sense for existing schemes, where combined heat and power (CHP) plant is used. The drive for lower carbon solutions is also creating new opportunities to integrate heat and power from solar PV and heat pumps.”
The guide covers:
1. The legal aspects of distributing and reselling locally generated electricity to residents
2. Ofgem licence rules and exemptions
3. Pricing regulations, including standing charges and Maximum Resale Price caps
4. Consumer rights of residents
5. Licensing and supply rules applying to on-site electric vehicle charging
Download the guide: ‘Understanding the regulations that apply to resale and generation of electricity on residential developments’
For further details contact Switch2 on 0330 053 5599; marketing@switch2.co.uk; www.switch2.co.uk
For more information contact:
John Kennerley, Technical Sales Advisor
telephone: 0330 053 5599
| email: sales@switch2.co.uk | website: www.switch2.co.uk
view profile on ESTA at: www.estaenergy.org.uk/members/?p=683
All Switch2 Energy Limited News
- Managing the ‘perfect storm’ of heat network challenges – webinar series
- Managing the 'perfect storm' of heat network challenges - webinar series | 30th May 2022
- Switch2’s cost & carbon saving heat network technology shortlisted for top energy award
- Switch2's cost & carbon saving heat network technology shortlisted for top energy award | 23rd May 2022
- Switch2 at Smart Housing: How smart heat networks can relieve soaring costs and deliver net zero
- Switch2 at Smart Housing: How smart heat networks can relieve soaring costs and deliver net zero | 12th May 2022
- Switch2 wins government funding to improve heat network performance
- Switch2 Energy has won funding from The Heat Network Efficiency Scheme (HNES) to improve efficiency and carbon performance across 9 of the district and communal heating schemes it operates. | 14th March 2022
- Local area energy planning for low carbon heat networks
- Local area energy planning for low carbon heat networks is the topic of a presentation by Switch2 Energy at the Future of Heat Conference in Birmingham on Wednesday 30 March. | 8th March 2022
- New ICON technology helps heat network suppliers tackle gas price crisis
- The new ICON connected heat interface unit (HIU), launched by Switch2 Energy, is relieving the impact of higher gas prices for heat network suppliers and their customers. | 15th February 2022
- Procure Plus appoints Switch2 to national heat network framework
- Switch2 Energy has been appointed to the Procure Plus framework to supply its new connected ICON heat interface units to heat network providers across social housing and the public sector throughout the UK. | 14th December 2021
- Higher gas prices improve payback of heat network metering
- Record high gas prices have multiplied the payback of installing individual smart metering systems in homes connected to heat networks, according to Switch2 Energy. | 17th November 2021
- How to take urgent steps to comply with heat network regulations
- How to take urgent steps to comply with heat network regulations | 28th October 2021
- Free guide explains important updates to heat network regulations
- District heating specialist Switch2 Energy has published the Essential Guide to the Heat Network Regulations | 1st October 2021