Action: Ofgem Consultation on Additional SoLR payments to suppliers!


British Gas Tariff now over £160 Cheaper than the Price Cap!*
ACTION: SoLR additional payments consultation - Respond to Ofgem before 18 October
Hey guys,
Short note, British Gas has made their fixed rate tariff even cheaper, at more than £160 cheaper than the price cap, so if you haven't fixed your tariff yet please click the top link and have a look (there are other options).
Now onto business, Ofgem are consulting on some additional payments to suppliers for the Supplier of Last Resort process from the massive energy supplier collapse 3 years ago. I wasn't intending to reply to these consultations, but as I looked through it felt like there was something untoward going on, so I've posed a series of questions to Ofgem. Please click the second link above, on that page you will see a short video (5 mins) explaining the consultation and my response, then below the video I have my actual response and instructions for how you can get involved with this consultation.
As always, if you have any questions, email me at Richard@TheRegulatorGuy.co.uk.
Thanks all,
Richard Winstone
*DISCLAIMER: The link at the top of this update is an affiliate link. This means that if you click them, run a price comparison and ultimately switch service provider, I will receive a commission. This commission helps fund the regulatory work that I do. The commission does NOT increase the price you pay for the services, you'll see the same prices whether you go through the link above, through the price comparison site directly or if you go direct to the service provider.