VTP Pass-through Charge

2026-04-18

The Virtual Trading Party (VTP) pass-through charge came to my attention this week, with the prospect of it appearing in the next batch of bills that we receive. I'm still trying to understand the details, so if you have anything to add or correct, then please let me know in the comments.

Virtual Trading Party

The things I'm fairly sure on are:

I'm also assuming it'll be billed monthly, with an estimate and subsequent reconciliation. So as a programmer of Chellow, I have two tasks:

Bill Parsers

In Chellow, a batch of bills is created, and then files can be uploaded to the batch, specifying a parser:

Choosing A Parser For A File

These are the parsers that may need updating to parse the VTP charge correctly. What we'll get back for each bill are the key bits of information:

Virtual Bill

My next task is to make sure the virtual bills for the HH contracts reflect VTP, which means reading the rate from the supplier rates, applying the NBP kWh and finding the net cost for the particular supply and period in question.

With the virtual bill done, we can now check bills as they come in, and also run forecasts to see how the new charge will affect future costs.

See you next time! ✨