Legal News

Ofgem writes to suppliers on EPG and SLC regulatory expectations

Published on: 18 November 2022
Published by LNB News

LNB News 18/11/2022

Document Information

Issue Date: 18 November 2022

Published Date: 18 November 2022

Jurisdiction(s): England, Scotland and Wales

Article summary

Ofgem has written a letter to suppliers on the regulatory expectations for Standard Licence Conditions (SLC) 25, 31F and 31I under the Energy Price Guarantee (EPG) scheme. The letter highlights the need for suppliers to provide consumers with timely and accurate information, especially in relation to the prices calculated under the cap from 1 January 2023. Ofgem also writes that its approach to compliance and enforcement in relation to the EPG scheme and suppliers’ licence obligations will be pragmatic and adhere to consumer protection principles.

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