Conclusion and assessment of annual monitoring requirements for derogated renewable standard variable tariffs, from the default tariff cap
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These letters set out our conclusion and assessment following the introduction of annual monitoring requirements for derogated renewable standard variable tariffs, from the default tariff cap on 31 October 2023.
The derogations enable the Licensees to continue to charge independently from the maximum rates set by the default tariff cap for the Standard Variable Tariffs (SVTs) for which it applied for a derogation.
The purpose of these derogations is to support renewable tariffs which have been derogated from the default tariff cap, and to benefit customers.