Supplier of Last Resort definition

Supplier of Last Resort means a supplier who is designated by a Member State to take over the supply of electricity to customers of a supplier which has ceased to operate;

Supplier of Last Resort means, in relation to a BM Unit comprising or including premises of one or more Customers, the Trading Party to which a last resort direction is issued by the Authority in respect of those premises;

Supplier of Last Resort means a person that supplies electricity to customers when a last resort supply plan comes into operation; and

Examples of Supplier of Last Resort in a sentence

• Tables listing the charges to recover Supplier of Last Resort and Eligible Bad Debt pass-through costs are published in Annex 7 to this document.

• In such instance, we will include the fixed charge adder to recover these costs separately to the charges calculated in accordance with paragraph 9.1. The Excess Supplier of Last Resort fixed adder therefore represents an increase to previously published charges only.

• In such instance, we will include the fixed charge adder to recover these costs separately to the charges calculated in accordance with paragraph9.1. The Excess Supplier of Last Resort fixed adder therefore represents an increase to previously published charges only.

• This annex sets out the categories of questions asked of suppliers to gather the necessary information for us to consider in making the decision to appoint a Supplier of Last Resort.

• Tables listing the charges to recover Supplier of Last Resort and Eligible Bad Debt pass-through costs are published in annex 7 to this document.

More Definitions of Supplier of Last Resort

Supplier of Last Resort means the Company or another entity as determined pursuant to

Supplier of Last Resort or “SoLR” shall mean a Supplier (which shall also be a Shipper) so appointed from time to time by the Commission pursuant to Section 21A of the Gas (Interim) (Regulation) Act 2002;

Supplier of Last Resort means a licensed supplier appointed by the authority under a last resort direction made under the act(s); “supply” means the supply to you of gas, electricity or both as identified in the contract option;

Supplier of Last Resort a licensed supplier appointed by the Authority;

Supplier of Last Resort means a licensed supplier appointed by the Authority in accordance with the Supply Licence;

Supplier of Last Resort means the procedure used by Ofgem to ensure customers receive continuity of supply of Gas when the Registered Supplier ceases to trade.

Supplier of Last Resort means a supplier designated in accordance with the provisions of this law, which for a limited period of time shall provide supply services under regulated conditions, to customers which have not been able to contract a supplier or have lost their supplier.