Article summary
Ofgem has launched a consultation to review Levelisation Phase 1, implemented in April 2024, which adjusted standing charges between prepayment meter and Direct Debit customers. Ofgem is seeking views on its proposed scope and evaluation framework, including a draft Request for Information to energy suppliers. The review aims to assess the impact and operation of the policy within its first year, focusing on levelisation administration costs, fixed tariffs, and supplier experiences of the reconciliation mechanism. Ofgem is calling for feedback from energy suppliers and interested parties by 6 February 2025.
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