Wow 140 pages ill read that one in the morning
I didn't realise how heavily regulated the buying/selling was. That's quite an eye opener. Is this the EU or homegrown regs do you know?
Thanks for that explanation makes much more sense now. I won't bother guessing what you do for a job
I have absolutely no issues with them making profit. If they pay tax on it then can make as much as they want in my opinion. However it's all too easy to see how some are really feeling the pinch when commodities raise their prices and wages don't follow![]()
Haha to be honest its all jargon unless your familiar with it and yes i;m employed by one of the big six lol
All regs are home grown and its a lot more complicated than the media make out and people understand. For example your supplier isnt 1 company its 4 entities.
Supplier: that bills you and who you deal with
Data Collector: That deals with the settlement side and purchase versus sales for the business based on each customers account.
MOP: Meter operator so the chaps that come and change your meter etc
DA: Data aggregator which take the settlement and PVS information from the DC check and collate and send this to Elexon which is the regulating body
To be comical about it you can have British Gas supplying you, Accuread dealing with the data collection and the data aggregation and Scottish power dealing with the meter installation and exchanges etc .... all for one customer. To top it all off you then need to get all these different companies talking together effectively which isn't always the case
Pre De-privatization in 1996 it was actually a lot easier .. if you were in London EDF was the company that suppliers you and did everything part of the above for themselves, there was no choice or option. Post De-privatization its a web of contracts and agreements with companies.
One of the few companies that do the supplier, DC and DA side all in house with only some meter operator areas contract our is EON to be honest and their DC and supplier sides instead of being separate business in separate offices in the country are all under one roof working a lot smoother and a lot more efficiently, but it took 5 years to get the regulatory clearance to allow them to do that and to date are the only company to do this.
Last edited: