Ofgem conclusions on energy supply licences
Ofgem proposals (78 pages, PDF) for the simplification of electricity and gas supply licence conditions.
According to Ofgem:
Our review has involved either removing or redrafting each standard licence condition. Our proposals include: removing obligations for domestic suppliers to offer contracts that can be terminated on 28 days notice; reducing restrictions on termination fees; removing requirements for very small suppliers to offer particular payment methods; and the removal of the requirement for Ofgem to approve codes of practice across a range of activities. The new licence will be about half the length of the existing licence with obligations that are clear and more concise. We have halved the number of licence conditions and reduced the overall length from around 160 to 60 pages.
See:
- Proposed modifications (100 pages, PDF) to electricity supply licence conditions
- Proposed draft statutory instrument (2 pages, PDF) to vary the Electricity (Standards of Performance) Regulations 2005
- Other documents for electricity and gas
Representations by Friday 29 June.
For further information or advice please contact Franck Latrémolière.
Filed under Electricity, Gas, Ofgem.
