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market stabilisation charge
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Home supply and services
Highlights from our Energy Supplier Compliance webinar
As part of our Energy supplier compliance portal service, we run a webinar every 6 months which looks at key updates. Our latest webinar looked back at the decisions made under Ofgem’s financial resilience plan. This included strengthening milestone assessments and introducing additional reporting requirements. It also decided on the short-term interventions...
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Home supply and services
Making the switch – how much will really change?
Last week on 1 July, Ofgem confirmed that the designated Go-Live date for the Centralised Switching Service (CSS) would be 00:01AM on 18 July 2022, as was previously anticipated. The most significant impact of this will be the requirement on suppliers to ensure switches are completed within five working days,...
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Home supply and services
What is the Market Stabilisation Charge?
The Market Stabilisation Charge (MSC) requires all domestic suppliers acquiring a customer to make a payment to the supplier that is losing the customer. The charge applies to all switches, so suppliers are not obliged to inform competitors which tariff the consumer switched to or from. It is comprised of...
