- Publication date
- 17th February 2016
- Information types
- Policy areas
Ofgem is committed to ensuring the regulatory framework that applies to the retail energy market enables innovative change, while continuing to protect consumers. We are therefore exploring how we can best transition to a rulebook that has a greater reliance on enforceable principles. We believe that making this transition will provide more comprehensive consumer protections, help future-proof our regulation and place a greater onus on suppliers to understand and deliver what is right and fair for consumers.
Our consultation on the future of retail market regulation was released in December 2015. We encourage stakeholders to submit their views on the questions and proposals contained in this document. The consultation period closes on 11 March 2016.
On 3 February 2016 we held a stakeholder workshop that aimed to stimulate discussion about the questions and proposals in our consultation document. About 50 stakeholders were in attendance, including domestic and non-domestic suppliers, consumer groups, third party intermediaries, industry bodies and government. Below is a note outlining some of the main themes that emerged from this workshop.
We will continue to engage actively with stakeholders and are always 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.