NESO has raised its forecast of electricity network charges by £400 million, bringing total costs to £9.5 billion in 2027/28, according to a report published on 14th October covering 2027/28 to 2031/32. The estimated annual TNUoS cost for an average household is now £103.24, which is £6.39 higher than the initial forecast for 2027/28. Demand residual charges have risen by £388 million to £7.97 billion and are expected to reach £11.66 billion by 2031/32, while total TNUoS revenue is forecast to hit £13.8 billion by then. The increase reflects updated transmission owner revenues, inflation and other costs passed through to network users, as well as adjustments for revenue not recovered through the current year's tariffs.
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