How to Prepare for the Electricity Triad Periods in 2022/23

Get a quote in minutes Compare top UK suppliers Best price guarantee

Trustpilot Logo

Rated Excellent on Trustpilot
(Over 2,000 Reviews)

Get immediate pricing Save up to 45%
Choose your business address

Can’t see the address? Enter manually

Are you comparing for a business or home?

Business

Home


Go Back
Select Utility
Now please select a utility I want to get prices for...
Gas
Electric
Gas & Electric
Water
Go Back
Next
Please enter your business gas information
How much do you spend & how often?

An estimate is fine if you don't have a bill to hand

Go Back
Get Prices

Let’s save time, can we automatically gather meter information?

? What does this mean?
To get your quotes at lightening speed we need several key pieces of information which can all be found on your electricity bill. But by simply ticking this box, we can search ‘industry held data’ to get your meter number, electricity consumption and current energy supplier. This means that we can get you quick quotes without asking you to dig out all of your paperwork. This is personal data therefore we need you to allow us to access this information.
Go Back

Do you know your electric meter number?

Does your meter number end in any of the following?

Go Back
Enter meter number
I don’t know
Please enter your business electricity information
How much do you spend & how often?

An estimate is fine if you don't have a bill to hand

Start date for a new contract?
Get Prices
Please enter your water information
How much do you spend & how often?

An estimate is fine if you don't have a bill to hand

Go Back
Get Prices

    Enter your details below to get quotes We’ve helped over 90,000 businesses
    Trustpilot Logo

    Rated Excellent on Trustpilot
    (Over 2,000 Reviews)

    Guide Author

    James Longley

    Managing Director

    min read
    Last Updated September 9, 2022

    It’s always good to use less electricity. And that’s true whether you’re looking at it from an environmental perspective, or simply as someone who wants to reduce your bills and save money. These upsides are clear for both domestic and business electricity customers.

    There’s one period of the year where commercial and industrial customers can feel the benefits of using less particularly strongly: the Triad periods. But what exactly are they?

    So, how can we work out when the National Grid Triad charges will come into effect?

    The National Grid doesn’t indicate the exact time a Triad period is going to occur. However, we do know these three half-hour periods will fall between November and February. And there’s always a 10-day gap between them – which is to avoid all the Triads falling on the same day.

    Previous dates can also be helpful when it comes to giving a rough idea of when the peak periods might fall. So, for 2021, they fell on:

    • Thursday, December 2nd, 2021 – 16:30-17:00 (Peak Demand: 43,748 MW)
    • Wednesday, January 5th, 2022 – 17:00-17:30 (Peak Demand: 42,760 MW)
    • Thursday, January 20th, 2022 – 17:00-17:30 (Peak Demand: 43,538 MW)

    It’s important to note that there are many factors that could impact when a peak demand period could come into effect – weather, for example, having a particularly big influence.

    Normally, they’ll fall between 16:00 and 18:00 on a weekday. Why? Because this is the timeslot in which peak daily industrial and residential demand crosses over.

    How Much Do Triad Charges Cost?

    It depends. If your organisation avoids consuming any electricity during any of these Triad periods, you won’t pay TNUoS. For most industrial and commercial organisations, this is likely to be unrealistic.

    So, if you are liable to pay TNUoS based on the half-hourly meter Triad periods, it’ll be calculated based on your tariff, which is then multiplied by your average demand (in kW) for those Triads.

    Thankfully, working this out isn’t too complicated. Just follow our example below:

    If you use 5,000 kWh of electricity during each of the three Triad periods, you’d multiple each of these three usage figures by 0,5 to get your kW rate. In this example, it would be 10,000 kW.

    You’d then add these figures together: 10,000 kW (Triad Period 1) + 10,000 kW (Triad Period 2) + 10,000 kw (Triad Period 3) = 30,000 kW (Triad Period Total).

    Divide this figure by three and you’ll have your average kW consumption over the Triad period – in this instance 10,000 kW. This volume is then multiplied by the tariff for your zone to work out your TNUoS charges.

    If you don’t have a half-hourly meter, your TNUoS costs are currently calculated on a profiled electricity usage between 16:00 and 19:00 across the year. This is then multiplied by the overall tariff in your zone.

    How Can You Avoid Paying More During the Electricity Triads?

    If you’re on a pass-through contract, you could potentially have greater flexibility to reduce the amount of energy your business uses when those Triad periods land. You take on more risk (i.e., if wholesale prices rise, you’ll be exposed), but you could end up paying less as a result.

    Those on fixed contracts might pay a slightly higher rate across their contract if they use lots of electricity during these peak demand periods – to cover the cost of TNUoS.

    However, there are other steps you can take to prepare and reduce your electricity Triad charges. These include:

    Monitoring and reducing consumption during the winter months: It’s not necessarily the most practical or easiest bit of advice to implement – purely because we never know exactly when an electricity Triad is about to occur.

    However, resolving to use less electricity during these months where possible could significantly help reduce the amount you pay for TNUoS at the end of the financial year – whether you’re a high-demand electricity organisation or not.

    Implement new operational hours for the winter: For example, if your open and close earlier than you normally would, you could potentially reduce the chances of high energy consumption during a Triad.

    Sign-up for Triad warnings on electricity: A form of consultancy offered by some suppliers and other organisations in the energy sector, it’s essentially a forecast of when a Triad period might occur.

    Typically, these services analyse a mixture of data from various sources, like the Met Office and the National Grid, to deliver alerts to customers of when a Triad might happen – allowing you to reduce your energy consumption during that particular period.

    What’s Happening to the Triad Period in 2023/24?

    Change is coming. This year (2022/23) will be the last in which the Triads operate.

    Following the Targeted Charging Review (TCR), Ofgem announced it would be ending the Triad periods from April 2023. So, beyond this point, there will be no opportunity for Triad avoidance.

    Why? The main reason is to ensure all electricity users are treated fairly when it comes to paying TNUoS – rather than businesses who’re able to reduce power consumption during peak usage times getting the benefits. It’ll instead be charged at a fixed rate.

    More from Utility Bidder

    Want to see whether your business could save on its commercial energy bills? Compare the latest gas and electricity tariffs on the market by using our energy comparison tool. Alternatively, speak to one of our energy specialists today by calling: 0800 007 4001.

     

     

    Disclaimer: Views contained in this email are Utility Bidders however they do not constitute certainty of market movements. Energy prices are volatile and could go up or down. Using prices over the past 10 years it’s clear that the trend of prices continues to rise.

    Get the best prices and deals on your utilities

    Immediate pricing access to almost all UK suppliers

    Utility Bidder
    Business Gas

    Business Gas

    Immediate pricing access to all major UK gas suppliers. We can save you upto 45% on your business gas prices.

    Business Electricity

    Business Electricity

    We manage 20,000 electric meters for our commercial customers – So you’re in safe hands.

    Business Energy

    Business Energy

    We’ll find the best prices and provide you with a hassle free service for both your business gas and electricity….

    Business Water

    Business Water

    With our help. You’ll get a better quality service, lower water bills and better value for money.

    Compare business energy prices and business gas prices

    It only takes a couple of minutes to save £100's on your utility bills

    Go Back
    x

    Get your estimated savings in minutes

    We compare live prices from 27+ suppliers

    Get a quote in minutes Compare top UK suppliers Best price guarantee

    Trustpilot Logo

    Rated Excellent on Trustpilot
    (Over 2,000 Reviews)

    Get immediate pricing Save up to 45%
    Choose your business address

    Can’t see the address? Enter manually

    Are you comparing for a business or home?

    Business

    Home


    Go Back
    Select Utility
    Now please select a utility I want to get prices for...
    Gas
    Electric
    Gas & Electric
    Water
    Go Back
    Next
    Please enter your business gas information
    How much do you spend & how often?

    An estimate is fine if you don't have a bill to hand

    Go Back
    Get Prices

    Let’s save time, can we automatically gather meter information?

    ? What does this mean?
    To get your quotes at lightening speed we need several key pieces of information which can all be found on your electricity bill. But by simply ticking this box, we can search ‘industry held data’ to get your meter number, electricity consumption and current energy supplier. This means that we can get you quick quotes without asking you to dig out all of your paperwork. This is personal data therefore we need you to allow us to access this information.
    Go Back

    Do you know your electric meter number?

    Does your meter number end in any of the following?

    Go Back
    Enter meter number
    I don’t know
    Please enter your business electricity information
    How much do you spend & how often?

    An estimate is fine if you don't have a bill to hand

    Start date for a new contract?
    Get Prices
    Please enter your water information
    How much do you spend & how often?

    An estimate is fine if you don't have a bill to hand

    Go Back
    Get Prices

      Enter your details below to get quotes We’ve helped over 90,000 businesses