Ofgem have issued their reasons and decision to modify the standard conditions of all electricity and gas supply licences. A copy of their decision can be found here.
Ofgem are making these licence changes as they are consequential changes needed to implement and achieve the policy intent of their non-domestic market review decision. The effect of these licence changes will be limited, as they are small but necessary to be able to fully implement their policy changes.
The changes to all SLCs set out in this decision will take effect on and from 00:00 on 1st October 2024. This will ensure the SLC changes contained within this document are aligned with the relevant April Decisions taking effect on 1st October, to ensure their licences reflect their policy intent.
