Agenda item

Report of the City Surveyor.

The committee received a report of the City Surveyor.

The committee discussed the forecasted energy price for future years, noting that the City of London Corporation’s energy supplier had purchased 52% of energy requirements for the coming year. It was confirmed that metring issues had now been resolved. The committee noted the credit of charges from previous years but noted that they would not be reimbursed to residents as they had not been included in charges over previous years.

The committee discussed the variation of standing charges, the amount of available capacity purchased, and requested clear information on the reconciliation of metring and billing. It was noted that estate residents were eligible for HM Government’s Energy Bill Relief Scheme and that these discounts had been added to residents’ energy bills.

The committee discussed the need to be presented with the outcome of the reconciliation exercise and for clear information which set out the charges, both actual and forecasted, for each residential block for the financial years affected by the incorrect billing.

RESOLVED:

·            To note incorrect billing of usage due to estimated data has been rebilled on actual data with the exception of Speed House data, which will be rebilled by June 2023.

·            To note the actions taken by City of London Corporation Energy Team and vendors to rectify and prevent incorrect billing.

·            To note the analysis of some blocks for agreed available capacity that is now with the sites for review.