CMA dismisses appeal by SSE and EDF against an Ofgem decision
Press release
Publication date
Industry sector
Transmission Network
The Competition and Markets Authority (CMA) has upheld Ofgem's decision on 16 November 2017 to reject a requested modification to industry rules.
This modification would have resulted in generators receiving a £120 million rebate funded by consumers.
Read Ofgem's press release for more background on Ofgem's decision.
SSE and EDF appealed Ofgem's decision to the CMA on 7 December 2017.
Andrew Wright, senior partner at Ofgem, said: "It is good news for consumers that the CMA has upheld Ofgem's decision. If the modification had gone ahead, it is likely that the rebate would have cost consumers up to £120 million and led to further payments to larger generators in the longer term.
"It is disappointing that SSE and EDF challenged our decision. The energy market is under close scrutiny and companies should be working hard to deliver a better deal for customers rather than seeking additional revenues that will add to customers' bills."
Ofgem remains committed to working constructively with the entire industry to deliver an energy system that is fit for purpose for the future and continues to deliver significant benefits for consumers.
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