GovWire

Financial resilience appeal 2023

Competition Markets Authority

September 1
10:19 2023

Administrative timetable

Date Action
23 August 2023 Application for permission to appeal submitted by Utilita
7 September 2023 Deadline for Ofgem to make any representations or observations in relation to the application for permission to appeal
13 September 2023 Deadline for the CMA to make its decision on whether to grant permission to appeal if Ofgem does not make any representations or observations
21 September 2023 Deadline for CMA to make its decision whether to grant permission to appeal if Ofgem makes any representations or observations by 7 September 2023

Notice of appeal

23 August 2023: Utilita Energy Limited (Utilita) have applied for permission to appeal GEMAs decision of 26 July 2023 to introduce a common minimum capital requirement. The decision related to the modifications of standard licence conditions and concerns the decision to impose the capital target in respect of gas and electricity supply licences.

The administrative timetable for the CMAs decision whether to grant permission to appeal can be found above. If the appeal proceeds, then the CMA has 4 months to determine the appeal.

Contact

Any queries or submissions relating to this matter should be sent to utilitaappeal@cma.gov.uk

Published 1 September 2023

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