Last resort levy true-up claim minded-to position 2022
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
Publication date
Closed date
Industry sector
Supply and Retail Market
Decision
On 1 December 2021 we published our decision setting out our temporary changes to the process for a Supplier of Last Resort (SoLR) to make a claim for a Last Resort Supply Payment (LRSP). These changes were required to ensure the SoLR process continued to protect consumers through the current extreme market conditions. The temporary process allowed SoLRs that had been appointed since 1 September 2021 to submit an initial claim for costs incurred before December 2021 as a result of supplying SOLR customers, and subsequent ‘true-up’ claims for any additional costs incurred. We assessed the initial claims in December 2021 and published our decisions on the Faster SoLR levy process: consents to Last Resort Supply Payments report. We have now assessed the submitted true-up claims and have published our minded-to position on each of the claims received by Ofgem.
In addition, we have received two SoLR levy claims associated with SoLRs appointed before we introduced the temporary changes to the SoLR levy process. We have also published our minded-to position on these claims which reflect a total claim for the costs incurred being appointed a SoLR as opposed to a ‘true-up’ claim.
Respond name
Lesley Nugent