Optimise electricity settlements & avoid unforeseen cash outflows

Our electricity settlements managed service reconciles imbalances between your contracted position and consumer metered demand recorded in industry with resolution paths by categories to remove unforeseen cash outflows.

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Hitting Elexon's performance targets

Suppliers must hit standard industry performance targets set by Elexon. Failure to do this will result in charges being incurred for underperformance at R3 and RF via the Supplier Charges technique. We’ll prevent this by monitoring your performance on a daily basis, ensuring optimum efficiency.
Prevent imbalance settlement shock

Imbalance is the discrepancy between energy used and energy contracted for. Suppliers can face large imbalance charges due to forecasting on estimated volumes rather than actual usage. We identify and remove the volume of estimated data, decreasing estimated imbalance charges.
Optimising settlement helps reduce estimated billing

A large percentage of customer complaints comes from incorrect estimated billing – due to the poor quality of data. Our service focuses on Data Quality to improve Suppliers estimations – which directly affects consumer billing.

Market-Wide Half Hourly Settlement Programme

MHHS combines with smart metering and the Switching programme to unlock benefits and position reconiliation of smart energy tariffs and flexible energy technologies. We intend to bring a new solution value for MHSS integrated with uSmart, market transactions and Faster Switching to offer a cohesive, comprehensive solution.

The Performance Assurance Board

Elexon manages electricity settlement and monitors the performance of all Suppliers – any supplier consistently failing to perform will be referred to the Performance Assurance Board. We proactively monitor a Suppliers settlement performance as part of our service, mitigating the risk of referral to the Board in advance.
Prevent escalation by BSC

Suppliers who consistently fail to perform can be expelled from the Balancing and Settlement Code by Elexon. Expelled suppliers will no longer be able to trade - removing their ability to be a Supplier. Our expert solution optimises settlement performance to prevent escalation, negative publicity and potential for BSC expulsion.

All-in-one solution

Daily data refresh

Highlight Discrepancies

Settlement Monitoring

Simplifying the complexities

Maximum read utilisation

New Solution Value for MHHS

Our MHHS value builds upon and delivers benefits that will support your current ESG UK solutions. ESG UK has formed its MHHS mobilisation Workstream and is engaging proactively ahead of the market programme being initiated formally.

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Optimise electricity settlements & avoid unforeseen cash outflows

Hitting Elexon's performance targets

Prevent imbalance settlement shock

Optimising settlement helps reduce estimated billing

Market-Wide Half Hourly Settlement Programme

Optimise imbalance settlement & improve bill accuracy.

The Performance Assurance Board

Prevent escalation by BSC

Combining settlement data for optimal performance

Keep up to date with daily updates

Reduce your exceptions with nonconformity recognition

We monitor your performance and manage exceptions

We simplify complex settlement activities

Maximum read utilisation

New Solution Value for MHHS

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