https://www.newpower.info/2021/10/colorado-energy-in-solr-two-more-companies-in-bsc-default/ Expert information for all those invested in the UK's energy future Fri, 20 Feb 2026 08:08:27 +0000 hourly 1 http://wordpress.org/?v=3.6 https://www.newpower.info/2021/10/colorado-energy-in-solr-two-more-companies-in-bsc-default/#comment-89623 New Power Sat, 16 Oct 2021 07:31:04 +0000 http://www.newpower.info/?p=10686#comment-89623 There is useful guidance on the SOLR process on Ofgem’s website here
Before the current crisis, potential SOLR companies made offers to take on customers from failed suppliers, I assume assessing the cost and taking into account alternate recruitment costs (such as switching site commission) and often with some costs covered.
That looks much more risky now. The guidance says, “We would always prefer to be able to appoint a SoLR that had consented to the role. However, if no suitable supplier wants to be a SoLR, we will consider using our powers to direct a supplier without its consent.”

]]> https://www.newpower.info/2021/10/colorado-energy-in-solr-two-more-companies-in-bsc-default/#comment-89614 Leslie Sopp Fri, 15 Oct 2021 10:22:32 +0000 http://www.newpower.info/?p=10686#comment-89614 I am a Pure Planet electricity domestic customer. According to OFGEM they have 235K domestic customers. According to Pure Planet, they had to cease trading when BP, which owns 25% of their shareholding, withdrew financial support. Does OFGEM have the power to insist a company acts as SOLR, even if they, or any of the remaining energy suppliers, don’t want to take the load and the greater financial risk?

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