How Have Heat Network Customers Been Affected by Utility Price Rises?

Gas Combined Heat & Power (CHP) continues to provides the lowest cost of heat production, protecting residents more from utility inflation than heat networks run just on gas boilers or heat pumps. CHP achieves this through the generation, and sale, of electricity, which has also increased in value.

The chart below shows how the cost of heat for 3 different technology heat networks has changed over a 3-year period.

Notes:

• Chart shows variable heat costs only, so excludes fixed costs;
• This shows the cost of heat production. Actual charges to residents may be set using a variety of formulae.