If your organisation is exposed to ‘Peak Demand’ charges, also known as Triad charges, BIU can help you avoid unnecessary costs by telling you when a Triad is likely to occur.
BIU is adept at releasing the fewest number of alerts of all Triad Warning Services within the UK whilst predicting the highest ratio of Triad periods, and this can mean significant savings for companies signed up to our warning service. BIU analysts use data feeds from The National Grid, The Met Office and a range of suppliers and generators to minimise the number of times we alert you. The level of data we process enables predictions to be more accurate and reduces the number of false alarms you receive.
In one settlement period this enabled BIU to send out just 22 alerts, hitting all 3 Triads in the latest settlement period from November to February. For one of our clients this resulted in savings of £44k.
Triad Avoidance Service
By signing up to BIU’s Triad Charge warning service we will inform you when a predicted Triad period is likely to be.
If you have an on-site generator you can run this to remove load from the grid at alert times. This will not affect the day to day running of your business and can generate significant savings. If you do not have generator capacity, reducing other loads during the alert times can still produce significant savings. For example, air conditioning and escalators can be isolated for the alert period without affecting core business activity. This alert will be sent in the morning, giving you plenty of time to put load shedding measures in place.
Alerts can be sent via e-mail, text message, telephone or a combination of all three to ensure you and your staff are aware as soon as possible.
What are Triad Charges and how are they calculated?
Electricity suppliers are charged by the National Grid for the use of the transmission network during the three half hours of highest system demand between November and February of each settlement year. This charge is passed on at cost to consumers and is commonly known as Transmission Network Use of System charges (TNUoS). Most companies with large half hourly metered sites are subject to Triad Charges. Your annual triad demand is calculated by averaging your peak demand (kW) during the three peak periods. This calculated figure is then multiplied by the zonal tariff to create the TNUoS annual charge.
BIU processes a huge amount of data in order to predict the Triads. We only send an alert out if we think it is likely to be one of three periods, whereas other providers send out emails every day stating whether the risk is low, medium or high.
- We use real time data to make accurate predictions
- We keep alerts to a minimum
- Alerts can be sent via e-mail, text message, telephone or a combination of all three
- We send out fortnightly reports showing previous and forecasted peak demands
- Our alerts give you time to put load shedding measures in place