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Market research & Insight

Issue 873 | Ofgem Consultation: Supplier Licensing Review

Issue 873 | Ofgem Consultation: Supplier Licensing Review

Emma  Bill Emma Bill Analyst

Ofgem Consultation: Supplier Licensing Review 27 November 2018 Headline Assessment 1 Assessment & recommendation On 21 November, Ofgem set out proposals to strengthen the criteria it uses to assess supply licence applications, and amend the process for applying for a licence. The regulator is also seeking views on how to increase ongoing scrutiny and oversight of those already operating in the retail energy markets, and strengthen its arrangements for dealing with supplier exit. Ofgem plans to introduce a package of reforms intended to raise supplier standards around financial resilience and customer service. Proposed changes focus on conditions for suppliers entering the market, with Ofgem ...

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