G2 Energy IDNO Limited - Notice of grant of an electricity distribution licence

Licence granted

Publication date

Industry sector

Distribution Network

Licence type

Electricity Distribution Licence

NOTICE UNDER SECTION 6A(5) OF THE ELECTRICITY ACT 1989 OF THE GRANT OF AN ELECTRICITY DISTRIBUTION LICENCE

The Gas and Electricity Markets Authority (“the Authority”) hereby gives notice pursuant to section 6A(5) of the Electricity Act 1989 (“the Act”) that on 27 July 2016 an electricity distribution licence (“the Licence”) was granted under section 6(1)(c) of the Act to G2 Energy IDNO Limited (company number 09633506) whose registered office is situated at Olney Office Park, 25 Osier Way, Olney, Buckinghamshire, MK46 5FP, United Kingdom, authorising it to distribute electricity in the area specified in Schedule 1 for the purpose of giving a supply to any premises.

Under section 8A(2) of the Act, the Authority has modified the standard conditions of the Licence. The modifications (as proposed) are set out in the Notice under section 8A(3) of the Act which can be found at G2 Energy IDNO - proposed modification of Standard Licence Conditions.

The reason why the Authority made the licence modifications is to protect the interests of consumers by:

(a) ensuring that the standard licence conditions applicable to Distribution Services Providers are disapplied in relation to Electricity Distributors to whom the requirements of Section B of the standard conditions do not apply;

(b) regulating G2 Energy IDNO Limited’s charges in respect of domestic customers for the use of its distribution system on grant of the Licence; and

(c) imposing requirements on G2 Energy IDNO Limited in respect of its creditworthiness and indebtedness on grant of the Licence.

This document is notice of the reasons for the Authority’s decision for the purposes of section 49A(2) of the Act.

A copy of this licence is available from the Ofgem Library, 9 Millbank, London, SW1P 3GE or by email at library@ofgem.gov.uk.

Lesley Nugent

Duly authorised on behalf of the Authority