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Energy consultation responses

Response to Ofgem consultation on strengthening retail financial resilience

Dydd Mawrth, 19 Gorffennaf 2022

Ofgem was consulting on changes to strengthen the financial resilience of the retail energy sector, in particular to mitigate the risk that suppliers fail leaving behind bad debts that end up being paid for by the customers of other suppliers. We were largely supportive of its proposals.

Response to Ofgem consultation on changes to the Market Stabilisation Charge

Dydd Iau, 14 Ebrill 2022

Ofgem was consulting on changes to the Market Stabilisation Charge (‘MSC’). The MSC is designed to compensate suppliers if they lose customers following large falls in wholesale prices. That compensation would effectively be paid by consumers, and reflected in higher bills. Ofgem was proposing to make these charges larger. We opposed this proposal.