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Market research & Insight

Issue 516 | Extending the vulnerable safeguard tariff consultation

Issue 516 | Extending the vulnerable safeguard tariff consultation

Rowan  Hazell Rowan Hazell Analyst

Ofgem consultation: Providing Financial Protection to More Vulnerable Consumers 4 January 2018 1 Assessment & recommendation Ofgem opened a consultation on 20 December, seeking views on its proposed approaches to a new measure which would replace the Warm Home Discount safeguard tariff and provide price protection to a total of around 3mn vulnerable customers for winter 2018-19. The preferred option for the new vulnerable safeguard tariff is to extend the eligibility criteria to customers receiving certain government benefits including pension credit, disability living allowance, universal credit, and income support. A data matching exercise would be undertaken to identify the customers on a standard variable ...

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