Future of Retail Market Regulation stakeholder workshop – 28 February 2017

Agendas, minutes and presentations

On 28 February 2017 we hosted a stakeholder workshop to discuss the proposals in our recent policy consultation on broad principles (proposed changes to the Standards of Conduct and Ofgem’s information gathering powers) and our statutory consultation on new principles for informed choices. These proposals are a significant step on our journey to relying more on principles, and less on prescriptive rules, when regulating the retail energy market.

About 50 stakeholders were in attendance, including domestic and non-domestic suppliers, consumer groups, third party intermediers and others. Below is a note outlining some of the main themes that emerged from this workshop. 

The above consultations have now closed. We are currently reviewing responses. We intend to launch a statutory consultation on amendments to the domestic and non-domestic Standards of Conduct in May 2017. We will also issue our decision on our informed choices statutory consultation.

We will continue to engage actively with stakeholders and are happy to hold bilateral discussions over the phone or in person. If you have any questions or further views relating to this work, please get in touch at FutureRetailRegulation@ofgem.gov.uk.