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<p>Ofgem, as the independent regulator of the gas and electricity markets, sets the regulatory framework for energy supply companies. Ofgem has recently introduced new conditions to companies' supply licences to implement its Retail Market Review reforms. These include rules on the structure and number of tariffs suppliers may offer and the standardisation of discounts and special offers. As part of the Retail Market Review, Ofgem undertook formal consultations, bilateral meetings and seminars with large and small suppliers, consumer groups and other interested stakeholders.</p> |