Energy retailers allowed to claim back £1.8bn of SoLR costs

Ofgem has consented to allow nine energy retailers to claim back more than £1.8 billion in costs associated with becoming a Supplier of Last Resort (SoLR). Industry sources have told Utility Week the regulator is looking at ways to mitigate the impact of the costs when they feed through in April, although there are no concrete proposals as of yet.

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