Ofgem sticks with flat charge for electricity SoLR costs

Ofgem has decided against shifting the costs of supplier failure from electricity standing charges to a usage-based approach, following concerns about the impact it would have on vulnerable customers. Ofgem had been mulling whether to amend the methodology to recover SoLR costs based on the amount of energy used following concerns about increases in standing charge levels allowed under the default tariff cap.

This content is for members only. Please click here to view the full article.