Call for Input on the future of the BAT post-March 2024
Call for input
- Open
- Closed
Publication date
Closed date
Industry sector
- Supply and Retail Market
- Generation and Wholesale Market
Both the MSC and the Ban on Acquisition-only Tariffs (BAT) licence conditions are set to expire on 31 March 2024 following an extension of both provisions in February 2023 and our October open letter, Future of Market Stabilisation Charge after March 2024, sets out that we will allow the MSC to expire at the end of March 2024.
Within that letter we also set out our plan to conduct further analysis on the BAT’s future role. The BAT was primarily introduced to complement the MSC as a market stabilisation measure, however it has other effects on the market, the continuation of which may or may not be in consumers’ interests beyond March 2024.
On that basis we are considering whether or not to retain the BAT as a standalone measure, while the price cap remains in place.
To help us make our decision on the best possible evidence, we are inviting comments and supporting evidence from interested parties to help inform our analysis. We request that stakeholders’ views on the points set out below are sent to retailpolicyinterventions@ofgem.gov.uk by 23 November 2023.