Water retailer Aquaflow Utilities will exit the non-domestic retail market in England & Wales and enter liquidation on 9 April. While the electricity and gas processes have been undertaken repeatedly over the past twelve months, this will be the first test of Ofwat and MOSL’s Supplier of Last Resort (SoLR) processes in the two years since the market has been open.
Cornwall Insight has published a paper looking at the various SoLR processes in GB water, electricity and gas. In the paper, we discuss and compare the various SoLR regimes: for electricity and gas customers, managed by Ofgem: for England & Wales non-domestic water customers, managed by Ofwat and MOSL; and for non-domestic water customers in Scotland, managed by WICS and the CMA.