Business Energy Solutions Limited - Notice of revocation of electricity supply licence

Licence revocation

Publication date

Company

Industry sector

Supply and Retail Market

Licence type

Electricity Supply Licence

Notice of revocation of licence

Whereas

A. Business Energy Solutions Limited (company registration number 04408013), having its registered office at Parkside Stand, Fleetwood Town Football Club, Park Avenue, Fleetwood, FY7 6TX, Great Britain, is the holder of an electricity supply licence (the licence) treated as granted under section 6(1)(d) of the Electricity Act 1989 (the Act).

B. Section 6(8) of the Act provides that a licence granted or treated as granted under the Act may be revoked in accordance with any term contained in it. The terms of the licence provide that the Gas and Electricity Markets Authority (the Authority) may at any time revoke the licence on giving 30 days notice to Business Energy Solutions Limited where it agrees in writing with the Authority that the licence should be revoked.

C. By a letter dated 15 May 2012 Business Energy Solutions Limited requested revocation of the licence. The Authority agrees the revocation shall take place.

D. The Authority is satisfied that any arrangements required to be made in accordance with the terms of standard licence conditions 7-10 of the electricity supply licence have been made.

Notice of Revocation

The Authority hereby gives notice that with effect from 18 March 2013 the licence shall be revoked

 

Notice of pursuant to section 49A(1)(a) ELECTRICITY ACT 1989

Reasons for the decision of the Gas and Electricity Markets Authority revoking the Licence treated as granted under Section 6(1)(d) Electricity Act to Business Energy Solutions Limited

The Gas and Electricity Markets Authority (“the Authority”) was asked by Business Energy Solutions Limited (company registration number 04408013), having its registered office at Parkside Stand, Fleetwood Town Football Club, Park Avenue, Fleetwood, FY7 6TX, Great Britain, (“the Licensee”) to revoke its Electricity Supply Licence (“the Licence”) treated as granted under Section 6(1)(d) of the Electricity Act 1989.

Decision

The Authority will be revoking the Licence on 18 March 2013.
Notice of Revocation was issued to the Licensee on 15 February 2013.

Reasons for Decision

The Licensee requested in writing to the Authority that the Licence should be revoked in accordance with paragraph 1(a) of Schedule 2 of the Licence by letter dated 15 May 2012.