Decision to issue Green Energy UK Limited an extension to the temporary derogation for renewable Standard Variable Tariffs from the Default Tariff Cap

Publication date
21st March 2019
Information types
Policy areas

On 6 November 2018 alongside our decision to implement the default tariff cap licence condition we published our guidance on the process for requesting a derogation from the default tariff cap for renewable tariffs.

On 1 January 2019 we published our decision to issue Green Energy UK Limited a temporary derogation from complying with standard licence condition 28AD of its gas and electricity supply licences for certain tariffs. This temporary derogation enables the Licensee during the specific time period of the derogation to charge above the rates set by the default tariff cap for the Standard Variable Tariffs for which it applied for a derogation (the “Relevant Tariffs”). These are listed in Schedule 1 of the decision.

This letter sets out our decision to vary the temporary derogation by extending the deadline. The varied Directions shall remain in force until 01 September 2019 unless revoked earlier or varied in writing by the Authority.

Whilst we have provided a time-limited derogation, we have not assessed whether this tariff provides good value to consumers, and we have not assessed whether the renewable costs or overall costs incurred by the Licensee have been efficiently incurred.