Decision on Strengthening Financial Resilience

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Decision to enshrine in licence the requirement for suppliers to ringfence their Renewable Obligation (RO) attributable to domestic supply and to enhance the existing Financial Responsibility Principle (FRP) set out in supplier licences.

17 July 2024

For the most current versions of Renewables Obligation (RO) and Customer Credit Balance (CCB) templates and guidance, please refer to our Decision on operational changes to Renewables Obligation and Customer Credit Balance Ringfencing guidance and templates.

Main document

[Decision on Strengthening Financial Resilience [PDF, 525.49KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Decision%20on%20Strengthening%20Financial%20Resilience.pdf)

Subsidiary documents

[Revised impact assessment of Strengthening Financial Resilience proposals [PDF, 1.68MB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Revised%20impact%20assessment%20of%20Strengthening%20Financial%20Resilience%20.pdf)

[Price Cap Annex 8 [XLSX, 932.88KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Annex_8_-_adjustment_allowance_methodology_v1.8.xlsx)

[Final FRP Guidance [PDF, 274.17KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Guidance%20on%20the%20Operational%20Capability%20and%20Financial%20Responsibility%20Principles%20%28SLC%204A%20and%204B%29%20.pdf)

[Decision Notice Electricity - Enhanced FRP (SLC 4B) [PDF, 189.37KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Decision%20Notice%20-%20Electricity%20-%20Enhanced%20FRP%20%28SLC%204B%291680630119461.pdf)

[Decision Notice Gas - Enhanced FRP (SLC 4B) [PDF, 196.52KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Decision%20Notice%20-%20Gas%20-%20Enhanced%20FRP%20%28SLC%204B%29.pdf)

[Decision Notice Electricity - RO(SLC 30) [PDF, 198.68KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Decision%20Notice%20-%20Electricity%20-%20RO%20%28SLC%2030%29.pdf)

[Revised impact assessment model [XLSX, 515.62KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-04/Revised%20impact%20assessment%20model.xlsx)

Protection Mechanism Templates

[First Demand Guarantee [PDF, 136.91KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-08/RO%20Template%20%28First%20Demand%20Guarantee%29.pdf)

[Standby Letter of Credit (RO) [PDF, 124.23KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-08/RO%20Template%20%28Standby%20Letter%20of%20Credit%29.pdf)

[Declaration of Trust [PDF, 174.78KB]

](https://www.ofgem.gov.uk/sites/default/files/2023-08/RO%20Template%20%28Trust%29.pdf)

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