Ever wondered what part of your energy bill can be reduced and how? Well it depends on your tariff structure. The opportunity for your home or business can be broken down into three main parts as outlined in the table below.

Supply charges are fixed however usage and demand charges can be reduced through various technologies and mechanisms e.g. being more energy efficient, offsetting through solar or load shifting through battery energy storage. The efficacy of each varies and should be commercially scoped before an investment is made.

In the next part of this series I’ll look at the ways different technologies can impact these charges and key risks that need to be considered when making a business case assessment.