Legal News

Ofgem opens consultation to modify the Default Tariff Cap process

Published on: 24 January 2020
Published by LNB News

LNB News 24/01/2020

Document Information

Issue Date: 24 January 2020

Published Date: 24 January 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

Ofgem has launched a consultation on its proposal to modify Standard Licence Condition (SLC) 28AD in the gas and electricity supply licences. The proposal seeks to allow the use of licence conditions that will have effect in the upcoming Charge Restriction Period (cap period) when calculating the Benchmark Maximum Charges for that period of the Default Tariff Cap. The consultation ends on 24 February 2020.

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