top of page
  • Writer's pictureDigren Energy

CRU Proposed Changes to PSO Levy from October 2024: What Does It Mean for Your Business?


CRU Proposed Changes to PSO Levy from October 2024: What Does It Mean for Your Business?

The Commission for Regulation of Utilities (CRU) has announced new changes to PSO Levy from October 2024. These adjustments are part of CRU's efforts to maintain the reliability and quality of electrical services by covering infrastructure costs.


Proposed Tariffs

Effective October 1, 2024, the levy for different customer types will be as follows:


1.- Domestic Customers:


  • Monthly Levy: €2.98

  • Comparison with 2023/24: Currently, the levy is zero, which means these customers will be liable for the levy for the year 2024/25.


2.- Small Businesses:


  • Monthly Levy: €11.10

  • Comparison with 2023/24: Similar to domestic customers, the current levy is zero, meaning an additional charge for the upcoming operational year.


3.- Medium/Large Businesses Commercial:


  • Monthly Levy: €1.37 per kVA

  • Comparison with 2023/24: The current levy is also zero, where the new charge will be based on contracted capacity (kVA) for these customers.


Summary of Levy Changes (Table 1)

PSU Customer Category

Levy 2023/24

Proposed Levy 2024/25

Change


Domestic 

€0,00 

€2,98 

+ €2,98 

Small Commercial

€0,00

€11,10

+ €11,10 

Medium/Large Commercial

€0,00 

€1,37 /kVA

+ €1,37 /kVA

* The table shows that domestic customers will be charged an additional €2.98 per month and small commercial customers will be charged an additional €11.10 per month. The monthly charge of €1.37 Euro per kVa for medium / large commercial customers ang giving an example, a 100 kVa Maximum Import Capacity will be charged €137.00 Euro per month.


 

The CRU's decision to propose a new levy is based on the need to improve the quality of service by maintaining and expanding the infrastructure, ensuring a reliable electricity supply to all consumers.


Responding to the consultation on these levies is crucial. Stakeholders are encouraged to submit feedback via CRU's consultation portal by June 28, 2024.

Businesses should prepare for increased operational costs resulting from these levy adjustments. While aimed at improving service reliability, the CRU acknowledges the financial implications for businesses and vows to transparently and effectively utilise these funds for the greater benefit of all consumers.


How Digren Can Help Your Business?


With the new proposed PSO Levy, businesses are facing new challenges in managing their operational costs. Digren offers a variety of specialised services to help companies mitigate the impact of these levy’s, manage their energy consumption more effectively, and enhance their sustainability. The services we offer are as follows:


1. Meter Profiling

The transmission and distribution costs are dictated by ESB Networks and Eirgrid. In many cases the Maximum Import Capacity (MIC) is not suitable for the premises. It is your responsibility to ensure you have the correct MIC. Digren Energy Management reviews your bills over the past 12 months and analyses the usage. We then break this down for you and make recommendations to change your MIC if required.


2. Tariff Analysis

Using your Meter Registration System Operator (MRSO) Actual Quantity (AQ) data Digren will make a recommendation for an electricity tariff best suited to your organisation.


3. Capacity Adjustments (MIC)

We will handle all the paperwork, including submission of connection agreement forms to ESB Networks, and we can monitor your new charges for the year ahead and benchmark them against the previous 12 month period.


4. Meter Upgrades

If Meter changes are required we will handle all the paperwork and we can monitor your new charges for the year ahead and benchmark them against the previous 12 month period. 


Digren Energy can help you mitigate the impact of the new levy proposal, reduce costs, improve energy efficiency and move towards sustainability. Contact us for more information on how we can help your business.



21 views0 comments
bottom of page