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Market research & Insight

Issue 752 | Ofgem: Decision on Default Tariffs for Domestic Customers at the End of Fixed-term Contracts

Issue 752 | Ofgem: Decision on Default Tariffs for Domestic Customers at the End of Fixed-term Contracts

Ofgem: Decision on Default Tariffs for Domestic Customers at the End of Fixed-term Contracts 17 October 2017 Headline Assessment 1 Assessment & recommendation On 11 October 2017 Ofgem issued its decision to modify the electricity and gas supply licences to allow domestic suppliers, at the end of a fixed-term contract, to roll customers onto a further fixed-term tariff, providing that further contract: Does not have any penalties for terminating early Is the same price or cheaper than the Standard Variable Tariff (SVT) that the consumer would otherwise have been rolled onto Is similar in nature to the customer’s current tariff, taking into account ...

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