Faster SoLR levy process: Notice of Reasons for Last Resort Supply Payment (LRSP) claims
Decision
- Publication date
- Industry sector
- Supply and Retail Market
- Licence type
- Electricity Supply Licence
- Gas Supplier Licence
On Wednesday 1 December 2021 we published our decision setting out our temporary changes to the process for a Supplier of Last Resort (SoLR) to make a claim for a Last Resort Supply Payment (LRSP). These changes were required to ensure the SoLR process continued to protect consumers through the current extreme market conditions. The temporary process allowed SoLRs that had been appointed since 1 September 2021 to submit initial claims for the additional costs they had incurred as a result of supplying SOLR customers to Ofgem to review in December 2021.
The attached letters set out our reasons for allowing the relevant suppliers to make a Last Resort Supply Payment claim.