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WHD

Warm Home Discount. Opening on 23rd October 2023 for ‘23/’24 applications, it provides a £150 discount to lower-income households in England and Wales....

SEG

Smart Export Guarantee. A government-supported initiative that’s designed to reward small-scale renewable energy generators by paying them for the electricity they produce and ship....

RO

Renewables Obligation Scheme. This initiative was designed to improve uptake of renewable energies, and closed in 2017....

Regulator

A person or organisation whose job it is to ensure the fair and stable running of the market. For example, Ofgem is the regulator of the gas and electricity markets....

Ratchet/Ratcheting

This means the gradual increase of prices, specific to the energy sector. It’s a regular occurrence, and may be a term as energy prices have gone up over the last few years....

Network Operators

These are the companies responsible for maintaining and repairing the pipes and cabling that directs energy to our homes and businesses....

Market Share

The amount of customers, or the share of the market, an energy company has. Larger companies will have a greater share of the market, for example....

LCBP

The Low Carbon Building Programme. A former government initiative designed to better promote renewable and forward-thinking energy solutions. It ended in 2010, to be replaced by the RHI in 2011....

DESNZ

The Department for Energy Security and Net Zero. This split from the Department for Business, Energy and Industrial Strategy in 2023, and seeks to better illuminate the future of renewable energy....

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