Consultation on changes to Ofgem's guidance on applying for a gas or electricity licence

December action plan on financial resilience
Update to action plan on retail financial resilience: supplier control over material assets (actions 4 and 5)
Decision on strengthening milestone assessments and additional reporting requirements (action 6)

In our December action plan, we set out our approach to strengthening our regulatory regime for supplier financial resilience so that risks are not passed on inappropriately to consumers.

In the next step of realising this action plan, today we are consulting on our proposed changes to the licence application guidance that are of particular relevance to applicants for a supply or shipping licence. Notably, we have proposed changes to aspects of the guidance which clarify the scope of relevant persons to be disclosed in an application, how we assess an applicant’s experience and capability to manage financial risks, and that enhance our risk assessment criteria (these link to point 7 of the December action plan).

This updated version of the guidance also seeks to provide additional clarity on the types of information that is required to demonstrate suitability to hold a licence.

Respond name

Retail Financial Resilience team

Respond telephone

[0207 901 7000](tel:0207 901 7000)

Respond email

RetailFinancialResilience@ofgem.gov.uk

Main document

[Tracked changes draft Guidance on Applying for a gas or electricity licence [PDF, 1.08MB]

](https://www.ofgem.gov.uk/sites/default/files/2022-02/PDF%20final%20version%20tracked%20changes_%20Applying%20for%20a%20gas%20or%20electricity%20licence%20%20%28Accessible%20Pass%2003_02_22%29.pdf)

[Cover letter - consultation on draft Guidance: Applying for a gas or electricity licence [PDF, 107.18KB]

](https://www.ofgem.gov.uk/sites/default/files/2022-02/Cover%20letter%20consultation%20on%20updated%20guidance.pdf)

Response documents

[20220225 Consultation on changes to Ofgem's licence application guidance FINAL [PDF, 136.53KB]

](https://www.ofgem.gov.uk/sites/default/files/2022-03/20220225%20Consultation%20on%20changes%20to%20Ofgems%20licence%20applicationguidance%20FINAL.pdf)

[Consultation on changes to Ofgem's licence application guidance -Drax response [PDF, 218.32KB]

](https://www.ofgem.gov.uk/sites/default/files/2022-03/Consultation%20on%20changes%20to%20Ofgem%27s%20licence%20application%20guidance%20-Drax%20response.pdf)

[ICoSS response to Consultation on changes to Ofgem's guidance on applying for a gas or electricity licence v2.0 [PDF, 195.54KB]

](https://www.ofgem.gov.uk/sites/default/files/2022-03/ICoSS%20response%20to%20Consultation%20on%20changes%20to%20Ofgem%27s%20guidance%20onapplying%20for%20a%20gas%20or%20electricity%20licence%20v2.0.pdf)

[Ofgem Consultation Guidance on applying for a gas or electricity licence OS response FINAL [PDF, 131.23KB]

](https://www.ofgem.gov.uk/sites/default/files/2022-03/Ofgem%20Consultation%20Guidance%20on%20applying%20for%20a%20gas%20or%20electricitylicence%20OS%20response%20FINAL%20_0.pdf)

[SSE Response to Ofgem consultation on guidance on applying for a gas or electricity licence [PDF, 200.58KB]

](https://www.ofgem.gov.uk/sites/default/files/2022-03/SSE%20Response%20to%20Ofgem%20consultation%20on%20guidance%20on%20applying%20for%20agas%20or%20electricity%20licence.pdf)

[WWU response to Ofgem consultation on changes to Ofgem's licence application guidance [PDF, 278.85KB]

](https://www.ofgem.gov.uk/sites/default/files/2022-03/WWU%20response%20to%20Ofgem%20consultation%20on%20changes%20to%20Ofgems%20licenceapplication%20guidance.pdf)

Ofgem organisation chart

Guidance

Renewables Obligation Quarter 2 Mutualisation Payment Distribution 2019-20

Transparency document

Consultation on changes to Ofgem's guidance on applying for a gas or electricity licence

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