Ofgem Tackling Gas Theft Consultation

On the 26th March 2012, Ofgem announced a new regulatory framework to reinvigorate industry efforts to tackle gas theft. This will protect consumers by giving incentives to gas suppliers to detect and prevent theft and to establish minimum standards for theft investigations.

The full Ofgem Press Release can be found on the Ofgem Website here.

In addition to the Press Release, Ofgem also published its Response to the Tackling Gas Theft Consultation. The Response outlines proposals to improve the arrangements for tackling gas theft. This includes a consultation on a new licence condition for gas suppliers, a Theft Risk Assessment Service and principles for a new incentive scheme to encourage gas theft detection. The Consultation documentation can be found here.