Regulation 27 Approval of industry initiatives
A compulsory scheme electricity supplier that wishes to count spending on industry initiatives towards its non-core spending obligation must notify the Authority of the industry initiatives which it, or any connected scheme gas supplier, proposes to carry out.
A supplier may make—
a notification for the purposes of one scheme year, or for the purposes of more than one scheme year; and
more than one notification in respect of a scheme year.
The Authority must approve a supplier’s notification if, but only if, it is satisfied that the supplier’s proposed industry initiatives—
meet the criteria specified in an entry in the first column of the table in Schedule 4, and do not fall within an exception specified in a corresponding entry in the second column of the table;
include adequate measures to ensure, so far as reasonably practicable, that benefits provided under the initiatives are provided wholly or mainly to persons in fuel poverty or in a fuel poverty risk group; and
will provide value for money.