| Comparing business electricity and business gas prices | | | | EU ETS - European Union Emissions Trading Scheme. |
| doesn't have to be complicated, particularly if you use | | | | A scheme to reduce emissions of carbon dioxide to |
| an independent expert to guide you through the | | | | meet targets set out in the Kyoto Protocol. |
| process. However there is a tendency for some | | | | HH - Half-Hourly. The name for meters with the |
| commercial energy suppliers to use jargon and | | | | profile number '00' that are used by energy-intensive |
| acronyms which mean nothing to the average | | | | businesses whose average peak electricity demand |
| businessperson simply looking to compare business | | | | was greater than 100kW in any three months of the |
| electricity prices. Here's our guide to the abbreviations | | | | previous year. |
| you might come across when looking to switch | | | | KVA - Kilovoltampere. A unit of power required to |
| commercial electricity: | | | | run industrial machinery. |
| ARD - Agreed Read Dispute. Industry-wide process | | | | KWH - Kilowatthour. The standard unit to which |
| to resolve problems arising when closing and opening | | | | business electricity prices relate. |
| meter readings do not correspond during a business | | | | LEC - Levy Exemption Certificate. Issued by Ofgem |
| electricity switch or change of tenancy. | | | | to exempt the holder from paying Climate Change |
| AMR - Automated Meter Reading. Available from | | | | Levy in addition to business electricity prices. |
| Smart Meters, these readings provide instant and | | | | LNG - Liquefied Natural Gas. Gas cooled so that it |
| accurate data about commercial electricity | | | | condenses into a liquid and can be more easily |
| consumption. | | | | transported / stored. |
| AQ or AAQ - Annual Quantity or Annual Agreed | | | | MD - Maximum Demand. The highest expected load |
| Quantity. An estimate of future consumption of | | | | drawn from the network by an intensive commercial |
| commercial gas, as calculated by the distribution | | | | electricity user. Maximum Demand meter profile |
| network, Transco. | | | | numbers begin with '05, 06 07, 08' and usually have |
| ASC - Authorised Supply Capacity. This only applies | | | | their own types of tariff. |
| to Maximum Demand customers and is the | | | | MPAN - Meter Point Administration Number. Also |
| commercial electricity 'load' allowed to be taken to | | | | known as a 'supply number' or an 'S number', this is |
| run industrial equipment. | | | | the unique identifying number that can be found on a |
| CCL - Climate Change Levy. A charge introduced by | | | | business electricity price bill. The first two digits give |
| the Government in 2001 on commercial electricity and | | | | your meter profile (03 or 04 for small businesses, 05 |
| gas, intended to encourage less consumption and | | | | to 08 for maximum demand and 00 for half-hourly. |
| reduce emissions of greenhouse gases. | | | | MPR - Meter Point Reference. Similar to above but |
| CO2 - Carbon Dioxide. A greenhouse gas, measured | | | | for gas - ie it is the unique identifying number of a |
| in tonnes, that makes up the Carbon Footprint | | | | commercial gas supply. It is 10 digits and can be |
| belonging to each commercial electricity user. | | | | found on a bill. |
| CRC - Carbon Reduction Commitment. A scheme | | | | MSN - Meter Serial Number. A unique number used to |
| designed to improve energy efficiency in large | | | | identify a meter which will be displayed on the front |
| organisations and mandatory for the 5,000 biggest | | | | of most meters. |
| commercial electricity users in the UK. | | | | MTC - Meter Time Switch Code. Provides information |
| CV - Calorific Value. A measurement of the energy | | | | about your business electricity meter (like the number |
| contained in gas and usually quoted in megajoules per | | | | of dials it has) and which tariffs it supports. EG It |
| cubic metre (MJ/m3). | | | | may support two rate tariffs for day-and-night |
| DECC - Department of Energy and Climate Change. | | | | consumption. |
| Created by the Government in 2008 to 'ensure our | | | | OFGEM - Office of Gas and Electricity Markets. The |
| energy is secure, affordable and efficient'. | | | | organisation set up to regulate and promote |
| EAC - Estimated Annual Consumption. Similar to AQ | | | | competition within the deregulated energy industry. |
| but for profiling the consumption of commercial | | | | PP10 - HM Revenue & Customs form to claim |
| electricity, based on historic billing information. | | | | exemption or discount from the Climate Change Levy |
| Sometimes known as Calculated Annual Consumption | | | | (CCL). |
| or CAC. | | | | ROC - Renewable obligation certificate. Holds details |
| ECOES - Electricity Central Online Enquiry Service. A | | | | of exactly how a unit of renewable electricity was |
| service provided by the electricity suppliers and | | | | produced, who produced it and who bought the |
| distribution companies which notifies the relevant | | | | electricity. |
| organisations when someone is switching commercial | | | | YABA - Yet Another Bloody Acronym! |
| electricity supplier. | | | | |