Issue - meetings

Consideration has been given to energy tariffs for High Rise Energy Infrastructure for Gateshead Housing Tenants (HEIGHTs) project residents for 2022/23.

The alternative options to those being recommended, but which were discounted, included setting higher or lower tariffs.

RESOLVED -

(i)

That the proposed heat and electricity tariffs for HEIGHTs project residents for the period 1 April 2022 to 31 March 2023. as set out in the report, be approved and the revised tariffs communicated to the residents.

(ii)

That the tariffs be reviewed in six months and any proposed necessary adjustments to the tariffs agreed be the subject of a further report to Cabinet.

The above decisions have been made for the following reasons:

(A)

To comply with heat and electricity supply agreements in place with customers.

(B)

To ensure the HEIGHTs scheme recovers its operating and construction costs over its lifetime.

(C)

To ensure HEIGHTs customers continue to pay fair and market reflective prices for their heating and electricity.