A-Z of electricity and gas suppliers
Calorific Value (CV)
The heat given by the specified quantity of gas is known as the calorific value.
Consolidated Billing
Some suppliers enable you to have both gas and electricity accounts on one bill and make one payment each month.
Consumption
The usage of gas or electricity in your home.
Contract
The agreement between you and the supplier.
Direct Debit
You can pay by direct debit each month and the amount required to cover your bill will be taken direct from your bank account automatically.
Force Majeure
Something that happens beyond the control of supplier or customer.
Isolation
If you never pay your gas or electricity bill and don't communicate with the supplier you may be cut off, which is sometimes referred to as isolation.
Kilowatt Hours (kWh)
A kilowatt hour is a unit of energy measurement.
Office of Gas and Electricity Markets (Ofgem
The Government regulator for Gas and Electricity Markets.
Ofgem
The Office of Gas and Electricity markets is the government regulator for Gas and Electricity markets
Renewable Energy
Green electricity is produced from non-fossil fuels, such as wind or solar power.
Standing Charge
You may have to pay a standing charge even if you don't use any gas or electricity.
Supplier
The company that's licensed to supply electricity or gas.
Unit Price
The price you pay for energy that includes all costs.
Value Added Tax (VAT)
A tax charged for the supply of goods and services. All businesses must pay 17.5%. Domestic properties, businesses who use less than 33 units per day and charities pay VAT at 5%.
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