Last Resort Supplier Payment Claim from Octopus Energy

Publication date
14th December 2018
Closing date
11th January 2019
Policy areas

Octopus Energy Limited have given notice to us of their intention to submit a claim for a Last Resort Supply Payment. Octopus is seeking to claim certain additional costs they incurred in acting as Supplier of Last Resort (SoLR) to customers of the former Iresa Limited. A SoLR may make a claim for a Last Resort Supply Payment from relevant distribution networks where we have given our consent to the amount claimed.

This letter sets out the reasons why we are minded to consent to Octopus claiming a Last Resort Supply Payment of up to £13.8m. The purpose of this minded-to letter is to provide interested parties with an opportunity to make any representations to us, ahead of us making our final decision.