Decision - Derogations from SLC 22B – requirement to make all tariffs available to new and existing customers
Decision
- Publication date
- Industry sector
- Supply and Retail Market
- Licence type
- Electricity Supply Licence
- Gas Supplier Licence
SLC 22B: Market Wide Derogation for Fixed Retention Tariffs
From 14 April 2022, SLC 22B will require domestic suppliers to make all their tariffs available to new and existing customers. Ofgem has introduced this measure as a short-term intervention to address risks to consumers from ongoing wholesale market volatility.
On 11 March we issued a consultation seeking views on granting a market-wide derogation to all licensed domestic suppliers from SLC 22B for the purpose of allowing them to continue offering – or offer new – Fixed Retention Tariffs to their Existing Customers only.
This document describes our decision to introduce a market-wide derogation from SLC 22B for Fixed Retention Tariffs. This will take effect from the date of, and subject to the terms of, the attached Directions.