UK Energy Security Strategy & Cadent Financial Overview slide image

UK Energy Security Strategy & Cadent Financial Overview

Customer bill breakdown 2021/22 Cadent customer bill breakdown 2021/22 Performance improvement Incentives £2 Optimising our performance and putting the customer at the heart of everything we do. Operating and maintaining the network £16 Operating and Maintaining the equipment and infrastructure to transport gas to you safely and reliably today. Cadent average domestic bill is £132, that's 36pper day Taxes, Licence & other fees £31 Taxes, Licence fees for industry regulation and business rates paid to local Government. Network Investment £64 Repaying the cost of past and present investment replacing old assets to ensure the safe and reliable flow of gas long into the future. Providing a 24 hour emergency and repair service £19 Taking your calls, attending and repairing gas emergencies and escapes and making safe. In 2021/2022 a typical domestic customer paid £132 towards to the cost of our services, down from £158 at the start of RIIO-1 adjusting for the impact of inflation. Cadent does not decide amounts to charge end customers so the domestic bill impact is illustrative as our contribution to supplier costs. 32 32
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