Send Back Consultation on P461: Accurate Reporting of Customers Delivered Volumes to Suppliers
Ofgem issued a Send Back Direction on P461 ‘Accurate Reporting of Customers Delivered Volumes to Suppliers’ to the BSC Panel on 8 May 2024, as it was unable to form an opinion on whether or not P461 should be approved. The Panel approved the draft Send Back Process at its meeting on 9 May 2024.
The Send Back Consultation was issued on 13 May 2024 and will close at 5pm on Friday 24 May 2024.
Status
Who will this impact?
- Suppliers
What is proposed?
P461 seeks to correct an issue where the details reported to Suppliers when a customer delivers a Bid Offer Acceptance (BOA) through a Virtual Lead Party (VLP) do not reflect any adjustments made to that data in Settlement. P461 ‘Accurate Reporting of Customers Delivered Volumes to Suppliers’ seeks to address this issue by amending the values reported to Suppliers.