Decision to grant British Gas Trading Limited a temporary and limited derogation from aspects of standard licence condition 22D of the electricity and gas supply licences
Decision
Publication date
Industry sector
Supply and Retail Market
This letter sets out the Authority’s decision to grant British Gas Trading Limited a temporary and limited derogation from standard licence condition 22D of the electricity and gas supply licences.
The derogation will enable the British Gas to exit the supply of Standard Variable Tariffs (“SVT”). It will cease the availability of its SVT to new and existing customers from 31 March 2018. British Gas has published its views on why it wants to shift the focus of its business model from SVTs towards FTCs on its website.
If you have any questions about this decision, please contact Jibirila Leinyuy on 0203 263 7000 or Derogations@ofgem.gov.uk.