Trade Capture Unleashes Complex Commodity Cost Validation
Formatting Change & Insufficient Controls Lead To £44m BSUoS Under-Recovery National Grid Electricity System Operator (NGESO) is the electricity system operator for Great Britain. One of their responsibilities is to
In this article we take a look how Captrics’ unique software takes the pain out of the invoice reconciliation process and provides customers with peace of mind over their charges.
At Captrics, we understand the importance to businesses of controlling every single component of your energy contracts. That's why we have built an in-depth module for validation of the complex commodity costs within flexible energy contracts.
Back in May we posted about the additional Renewables Obligation (RO) charges for customers who had 'pass through' type electricity contracts in 2018-19. At the time, we warned of an additional "one off" charge due to a shortfall in payments from non-compliant suppliers.
The addition of the Settlement Calendar has helped us to improve the accuracy of our UK electricity invoice validations.
Renewables Obligation (RO) mutualisation costs for the 2018-19 compliance year are expected to be distributed in the coming months.