Last resort levy claims true-up process consultation
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
- Publication date
- Closed date
- Industry sector
- Supply and Retail Market
- Decision
When an energy supplier fails, Ofgem may appoint a Supplier of Last Resort (SoLR) for their customers and there is an industry process which enables a SoLR to seek to recover additional costs they face in supplying these customers (known as a ‘Last Resort Supply Payment’). We are consulting on the fair approach to reflecting the costs suppliers faced in supplying customers of the large number of energy suppliers that failed in late 2021, and which it may be appropriate for them to seek to recover.
SoLRs we appointed have already made initial claims for Last Resort Supply Payments. The outcome of this consultation will determine what suppliers can seek to claim for in their final, true-up claim later this year. We would like views from all interested parties. We particularly welcome responses from gas and electricity suppliers, network operators, industry bodies, trade associations, generators, consumer groups and charities. We would also welcome responses from other stakeholders and the public.
Respond name
Leigh Rafferty