What is a 'Budget Price Range'?
Based on the total demand capacity of a new Point of Connection in your Project, the Budget Price Range assessment will return three figures, in the applicable demand band. The figures are based on a statistical analysis of previous connection quotes from the last two years and will return budget price ranges for: the 15 percentile (Low), the median (Average) and the 85 percentile (High) costs for the quotes that meet the filtering criteria. The budget price ranges are presented between the 15 percentile and 85 percentile values to eliminate extreme outliers.
A few key points to note:
The Budget Price Range is only available for demand assets. Any generation assets added to your project (e.g. Rooftop PV) will be ignored in the Budget Price Range assessment.
One Budget Price Range will be provided per Project. This is because the Budget Price Range assumes a single Point of Connection for each project. If you expect to have more than one Point of Connection, we recommend creating one project per Point of Connection.
The Budget Price Range will apply only to new Points of Connection, and it won't be able to provide estimates for changes to existing Points of Connection, such as adding a new heat pump to an existing house.
A Budget Price Range can only be provided for connections that are within the UK Power Networks license area.
For the purposes of this Budget Price Range calculation, a new domestic property is assumed to have a demand peak of 23kW
Note that Budget Price Ranges are for indicative purposes only. If you wish to submit a connection request, please visit our Connections page.
Where can I access a 'Budget Price Range' for my Project?
To access a Budget Price Range for a potential future connection:
Navigate to Map > Projects
Create a new Project
Add your assets to the map
Run Assessment
The final assessment screen (pictured below) will provide you with an array of tabs detailing information about your projects, including a Summary, Carbon Abatement, Cost of Materials and Labour and the Budget Price Range.
