Home Retail regulation

Retail regulation

Elexon to administer Truss’s price guarantee payments to suppliers

Energy trading platform Elexon has been appointed to administer payments to suppliers, authorised under the Truss administration's Energy Price Guarantee (EPG). Elexon manages the Balancing...

Truss “blocks D-BEIS adverts on energy saving”, leaves firms to step up

Premier Liz Truss has reportedly blocked her energy secretary from running a £15 million publicity campaign encouraging homes to cut energy consumption. The Times this...

DNO backs Ofgem’s call for suppliers to offer compulsory 24/7 service support

A major distributed network operator (DNO) has backed Ofgem in its call on licenced suppliers to extend support for billpayers out of usual working...

Suppliers’ finances stress-tested from January, as Ofgem reacts to 2021’s slaughter

Energy retailers surviving this year’s cull of 26 suppliers to date must from January prove their financial strength to Ofgem's scrutineers, under today’s toughening...

MA Energy defaults from Balancing & Settlement Code

London-based business power retailer MA Energy has reportedly defaulted out of Elexon’s Balancing & Settlement Code, meaning it cannot take on further customers. Elexon’s removal...