Consultation on seasonal multiplier factors for gas transmission

Today, the Utility Regulator has published a consultation paper to seek views on our proposal to maintain the seasonal multiplier factors, which are applied to non-annual capacity bookings in the postalised tariff, for a further year from 1 October 2024.

This consultation is required by EU Regulation 2017/460, the Network Code on Harmonised Transmission Tariff Structures for Gas (“TAR NC”), as amended following EU Exit.

Since October 2015, seasonal multiplier factors have applied to non-annual entry capacity products, for example monthly or daily capacity bookings, by applying a factor which either increases or decreases the relevant proportion of the annual tariff. 

The seasonal factors were introduced to reflect the seasonality of gas flows during the year and to incentivise suppliers to make more use of the network in the summer and shift demand away from the winter peak. The tariff for a non-annual capacity product is calculated by multiplying the annual tariff by the appropriate seasonal multiplier factor.

The current factors meet the requirements of the EU Regulation and we propose to maintain them for gas year 2024/2025.

Additional information: 

Your response may be made public by the Utility Regulator. If you do not want all or part of your response or name made public, please state this clearly in the response by marking your response as ‘CONFIDENTIAL’.

If you want other information that you provide to be treated as confidential, please be aware that, under the Freedom of Information Act 2000 (FOIA), there is a statutory Code of Practice with which public authorities must comply and which deals, amongst other things, with obligations of confidence. In view of this, it would be helpful if you could explain to us why you regard the information you have provided as confidential.

Information provided in response to this consultation, including personal information, may be subject to publication or disclosure in accordance with the access to information regimes (these are primarily the FOIA and the Data Protection Act 2018 (DPA)).

As stated in the GDPR  Privacy Statement for consumers and stakeholders, any personal data contained within your response will be deleted once the matter being consulted on has been concluded though the substance of the response may be retained. 

Copies of the consultation can be made available in large print, Braille, audio cassette and a variety of minority languages if required.