Ofgem has launched a consultation on a proposal for a ‘Supplier of Last Resort (SoLR) Levy Offset’ aiming to reduce consumer costs upon market exit of an energy supplier. The SoLR safety net avoids customer interruption when an energy supplier fails, and the proposed levy aims to recover some of the costs associated with this. Ofgem is seeking views from consumer groups and charities, energy suppliers, electricity and gas distribution networks, and those involved in the insolvency profession. This consultation closes on 5 April 2024.

Ofgem has launched a consultation, seeking views on the TM04+ connections reform package, which comprises proposed industry code modifications, and connections methodologies, established under the National Energy System Operator licence. Ofgem has also published its minded-to decisions on these code modifications and methodologies. Concurrently, Ofgem is consulting on modifications to the transmission, distribution, and system operator licences required to implement the TM04+ reform package, following its November 2024 policy consultation. The TM04+ reform package aims to establish a new connections process that reforms the existing queue to prioritise projects deemed ‘ready’ and ‘needed’ under the Clean Power 2030 Action Plan, while deprioritising those that do not meet this criteria. Both consultations close on 14 March 2025, with Ofgem expected to publish final decisions in early Spring 2025.

Ofgem has launched a consultation, seeking views on its proposed approach to administering planned mid-scheme changes to the Energy Company Obligation 4 (ECO4) and Great British Insulation Scheme (GBIS). This follows the publication of the Department for Energy Security and Net Zero’s response to its November 2024 consultation, which confirmed changes to both schemes, focusing on deliverability, installation standards, and minor policy amendments. Additionally, Ofgem has published a separate document for comment, detailing how its proposed administrative approach will be integrated into its ECO4 and GBIS guidance documents. The consultation closes on 12 May 2025.

Ofgem has launched a consultation on proposed modifications to the electricity distribution licence. The changes, categorised as ‘Housekeeping Modifications’ under Standard Licence Condition 3A, aim to correct errors, update references, and improve clarity in both the standard and special licence conditions implemented for electricity distribution network companies to enact the RIIO-ED2 settlement. The consultation closes on 23 December 2024.

Ofgem has launched a consultation on its draft Centralised Strategic Network Plan (CSNP) guidance, which sets out its expectations and requirements for both the CSNP Methodology and the CSNP that the National Energy System Operator (NESO) must develop. This follows Ofgem's 2023 CSNP policy decision. The consultation closes on 1 September 2025, with a final decision expected in autumn 2025.

Ofgem has launched a consultation on draft Regulatory Instructions and Guidance (SL RIGs) for the Successor Licensee of the Data Communications Company (DCC). This follows its ongoing review of the regulatory framework ahead of the expiry of the current Smart Meter Communication Licence in 2027. The consultation invites views from stakeholders in the smart metering sector, including the DCC, energy suppliers, distribution network operators, customer groups and other actual or potential users of the DCC network. The proposed SL RIGs are designed to support the implementation of Ofgem’s previously published policy conclusions regarding the process for determining the Successor Licensee’s Allowed Revenue. The draft materials comprise a set of MS Excel templates for submitting Price Control Information and accompanying guidance on completing them. Stakeholders are encouraged to respond by 15 July 2025.

Ofgem has launched a consultation on the draft Smart Meter Communication Licence for the Successor Licensee. The draft Licence reflects decisions from the Data Communications Company (DCC) Review, including a not-for-profit model, ex-ante cost control regime and independent governance arrangements. It also updates and clarifies conditions from the previous Licence. The Licence sets out the mandate and operating scope for the Successor Licensee, covering service procurement and delivery and performance monitoring and reporting. The consultation closes on 7 November 2025. Responses will inform the final Licence and the regulatory framework that will govern DCC’s operations from 2027 onwards.

Ofgem has launched a consultation on the draft Electricity (Early-Model Competitive Tenders for Onshore Transmission Licences) Regulations 2024 (Tender Regulations), which will provide the legislative framework for future onshore transmission tender exercises. It follows Ofgem’s March 2022 policy decision to introduce early competition in onshore electricity transmission networks. This consultation closes on 1 November 2024.

Ofgem has launched a consultation on the introduction of an Advanced Procurement Mechanism (APM) into the electricity transmission price control framework, aiming to provide investment allowances of £5-8bn to accelerate clean energy infrastructure projects in the UK. The proposed APM aims to help transmission owners secure supply chain capacity ahead of confirming project requirements. It would also enable transmission owners to purchase essential equipment years in advance, potentially reducing delays and controlling costs. Ofgem plans for the APM to come into effect in early 2025, featuring a ‘use-it-or-lose-it’ allowance and comprehensive governance measures. The consultation closes on 18 December 2024.

Ofgem has launched a consultation on its proposed approach to selecting code managers under the new energy code governance framework established by the Energy Act 2023. The consultation seeks views on a three-stage selection process, including an eligibility assessment, licensing assessment, and implementation and assurance system, as outlined in the Code Manager Selection Regulations 2024, SI 2024/1081. Ofgem is also consulting on whether code managers should be selected on a competitive or non-competitive basis. Ofgem further notes that the selection processes for the first two code managers have already commenced, with Elexon and the Retail Energy Code Company invited to express interest in becoming candidates for the Balancing and Settlement Code and Retail Energy Code. The consultation closes on 30 January 2025.

Ofgem has launched a consultation seeking feedback on its proposed approach for the transition to the new governance framework for phase one of energy code governance reform. The consultation covers transitional measures andthe proposed changes to the Balancing and Settlement Code (BSC) and the Retail Energy Code (REC), as well as phase one code manager licences. The consultation closes on 15 May 2026.

Ofgem has launched a consultation on proposals to strengthen the financial ring-fence framework governing Great Britain’s electricity and gas networks. The review aims to ensure network operators remain financially resilient and independent amid evolving market conditions, such as the energy retail crisis and complex corporate structures exemplified by Thames Water’s financial challenges. Ofgem proposes extending RIIO-3 financial resilience measures to the electricity distribution sector, clarifying and tightening licence conditions, and enhancing reporting and governance to protect consumers. Key proposals include standardised financial resource certification signed by both executive and independent directors, stricter rules on intercompany lending and indebtedness, mandatory multiple investment-grade credit ratings, and clearer definitions of network independence and ultimate control. The consultation closes on 15 January 2026.