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Reviewing the Consolidated Segmental Statements – our decision

Content:
Decision
Publication date:
Topic:
Gas supply
Industry sector:
Supply and Retail Market,
Generation and Wholesale Market
Licence type:
Electricity Supply Licence,
Gas Supplier Licence,
Electricity Generation Licence

We are publishing our decision to revise the licence conditions requiring publication of a Consolidated Segmental Statement (CSS). The effect of these modifications is to expand the CSS reporting obligation to a wider proportion of the domestic and non-domestic market, providing greater transparency of supplier profitability.



This decision follows stakeholder engagement and feedback - a policy consultation in August 2023 and a statutory consultation in November 2023.



These changes will take effect from 29 March 2024.



Alongside the decision document and modification notices, we have also published any non-confidential responses to our consultation.