# The Electricity and Gas (Standards of Performance) (Suppliers) (Amendment) (No. 2) Regulations 2024, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Electricity and Gas (Standards of Performance) (Suppliers) Regulations 2015 (S.I. 2015/1544) (the “Principal Regulations”).
Regulation 2 amends regulation 8 of the Principal Regulations (suppliers’ payment obligations), by increasing the payment that a supplier must make to the customer if they-
fail to meet a relevant standard of performance; or
fail to make a standard payment within 10 working days; or
fail to relay a distributed payment within 10 working days.
The payment is increased from £30 to £40.
Regulation 3 makes transitional provision for circumstances where immediately before these Regulations come into effect a supplier is required by the Principal Regulations to make a £30 payment. Where this applies, the payment is not increased by the coming into force of these Regulations and remains at £30.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.

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Source: https://www.legislation.gov.uk/uksi/2024/1166/note (the official version)
Page: https://openlegislation.uk/electricity-and-gas-standards-of-performance-suppliers-amendment-no-2-regulations-2024/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

