Reviewing the Consolidated Segmental Statement

Reviewing the Consolidated Segmental Statements - Our initial proposals
Final proposals and statutory consultation - Reviewing the Consolidated Segmental Statement

We are consulting on proposals to revise Standard Licence Condition (SLC) 19A of the Gas and Electricity Supply Licences and SLC 16B of the Electricity Generation Licence, ‘Financial information reporting’, which requires submission of a Consolidated Segmental Statement (CSS). This requirement currently applies only if a ‘Relevant Licensee’ is a holder of an electricity or gas supply licence (or any Affiliates) granted, or treated as granted, who supplies electricity or gas to more than 250,000 domestic or non-domestic customers and (or any Affiliates) is a holder of a generation licence.

The structure of the retail energy market has changed significantly since this requirement was first introduced in 2009. It has therefore become necessary for us to review the scope of the licence conditions to ensure it can continue to support our work in an evolving energy market. Our proposals include future requirements that could apply to suppliers who are not currently captured by the existing licence conditions.

We welcome stakeholder views on our proposals. Once the consultation is closed, we will consider all responses.