Cambridge Road Estate (CRE) District Heat Network (DHN) - Service Tariff Setting
November 12, 2024 Place Committee (Committee) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to ensure affordable heat for residents of the Cambridge Road Estate, the committee approved a heat tariff policy aligning with the Ofgem Energy Price Cap and a subsidy for the District Heat Network's first three years of operation.
Full council record
Content
RESOLVED
that:
1.
the heat tariff policy for Cambridge
Road Estate (CRE) District Heat Network (DHN) will operate as a
regulated business and all charges to residents will be levied on
the basis of the prevailing Ofgem
Energy Price Cap; and
2.
the
heat tariff subsidy for the CRE DHN, as
set out in paragraphs 24-28 of the report, be approved for the
first three years of its operation.
Related Meeting
Place Committee - Tuesday 12 November 2024 7:30 pm on November 12, 2024
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 12 Nov 2024 |
| Subject to call-in | Yes |