Targeted Charging Review (TCR)

Ofgem’s Targeted Charging Review may be delayed, but it’s not going away

Ofgem’s Targeted Charging Review (TCR) initiative aims to modernise the electricity network and transform the management of the National Grid. The changes which address the way Distribution and Transmission charges are allocated are expected to save consumers between £4-5bn over the period to 2040. Despite the ambitious cost saving forecasts, the move isn’t without controversy.

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