Balancing and Settlement Code (BSC) P272: Mandatory Half Hourly Settlement for Profile Classes 5-8
Decision
Publication date
The electricity settlement process set out in the Balancing and Settlement Code (BSC) places incentives on suppliers to buy energy to meet their customers’ demand. Today, the settlement process estimates most consumers’ consumption in each half hour.
Suppliers have a licence obligation to supply larger non-domestic customers in Profile Classes 5-8 through an advanced meter that can record half-hourly consumption. BSC Modification P272 would require that these consumers are settled using their half-hourly data. In October 2013, we published an impact assessment on this modification for consultation.
We approved P272 on 29 October 2014. Alongside our decision letter, we also published a document describing how we had updated our analysis on the impacts of the modification to take account of responses to consultation.