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Market research & Insight

Issue 886 | Ofgem Call for Evidence: Potential Impacts for Consumers Following Market-wide Settlement Reform

Issue 886 | Ofgem Call for Evidence: Potential Impacts for Consumers Following Market-wide Settlement Reform

Steven Britton Steven Britton Senior Analyst

Ofgem Call for Evidence: Potential Impacts for Consumers Following Market-wide Settlement Reform 13 February 2019 Headline Assessment 1 Assessment & recommendation The regulator issued a call for evidence on 5 February on the expected impact on consumers from market-wide settlement reform. This includes both benefits such as from time of use (ToU) tariffs, but also negative impacts such as from disengaged customers being left behind. Ofgem is of the view that a move to half-hourly settlement (HHS) across the market should facilitate a smarter and more flexible energy system, enabling consumers to better reduce costs in response to ToU price signals. However, there will ...

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