Issue - meetings
HEIGHTs Tariffs
Meeting: 20/02/2024 - Cabinet (Item 109)
109 2024/25 Energy Tariffs for Gateshead HEIGHTs 
PDF 151 KB
Report of the Strategic Director, Economy, Innovation and Growth
Minutes:
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Consideration has been given to the following energy tariffs for HEIGHTs project residents for 2024/25:
· Heat tariffs for all HEIGHTs residents · Electricity tariffs for HEIGHTs residents at Barford and Stretford Court.
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The alternative options to that being recommended, but which was discounted, included setting lower or higher tariffs. |
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RESOLVED - |
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That the proposed heat and electricity tariffs as set out in the report be approved, to be to applied for the period 1 April 2024 to 31 March 2025, with reviews each quarter and that they be communicated to HEIGHTs residents. |
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The above decision has been made for the following reasons: |
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(A) |
To comply with heat and electricity supply agreements in place with customers. |
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(B) |
To ensure the HEIGHTs scheme recovers its operating and construction costs over its lifetime. |
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(C) |
To ensure HEIGHTs customers continue to pay fair and market reflective prices for their heating and electricity, and as soon as possible, after changes to the energy price cap. |