Statutory consultation on removing the ban on acquisition-only tariffs

Statutory consultation on removing the ban on acquisition-only tariffs | Ofgem Please enable JavaScript in your web browser to get the best experience. BETA This site is currently in BETA. Help us improve by giving us your feedback . Close alert: Statutory consultation on removing the ban on acquisition-only tariffs Publication type: Consultation Publication date: 14 May 2024 Closed date: 12 June 2024 Status: Closed (with decision) Topic: Gas supply, Energy pricing rules Subtopic: Energy price cap Decision: Decision: future of the ban on acquisition-only tariffs Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn This statutory consultation explores two avenues for the removal of the ban on acquisition-only tariffs (BAT) in the coming year. The first is removal after 6 months (from 1 October 2024). The second is removal at the end of the BAT's existing extension period (on 31 March 2025). Simultaneously we are also consulting on the removal of the Market Wide Derogation for fixed retention tariffs for the same two time periods. Our minded-to position is to remove the BAT at 6 months. We consider that this will drive a faster return to price and non-price competition and better price savings and service levels for consumers as a result. Respond name Dan Norton Respond email retailpolicyinterventions@ofgem.gov.uk Main document Statutory consultation on the future of the ban on acquisition-only tariffs [PDF, 857.10KB] Subsidiary documents Proposed modification of standard licence condition 22B of all Gas Supply Licences [PDF, 121.05KB] Proposed modification of standard licence condition 22B of all Electricity Supply Licences [PDF, 122.13KB] Response documents Consultation responses on the future of the ban on acquisition-only tariffs [ZIP, 4.64MB] Print this page Share the page Share on Facebook Share on Twitter Share on LinkedIn Close