Heat networks regulation: authorisation conditions and guidance on measures to mitigate the risk and impact of financial failure
Scope
Summary
This chapter sets out our proposals on how our financial resilience provisions will apply across:
- social housing
- local authorities
- mixed tenure models
- more complex models of housing and energy arrangements, such as special purpose vehicles and energy supply companies
Details
In the 2024 joint consultation we proposed that the majority of our financial resilience provisions (including the Special Administration Regime) should not apply to local authorities or registered providers of social housing who are registered with either:
- the Regulator of Social Housing for England
- the Scottish Social Housing Regulator
- the Welsh Social Housing Regulator
The rationale for this is that there are already existing provisions in these sectors which mitigate the risk of an interruption in continuity of supply where the entity faces financial difficulties.
A number of respondents to the 2024 joint consultation also raised mixed models of housing and energy provision, and we have sought further advice in this area. We are proposing that where organisations are established to provide heat network services as distinct entities from their parent organisation, these would remain in the scope of our financial resilience provisions.
Before you give us your views
You’ll need to read the full details in the 'Scope' chapter of the consultation (PDF, opens in a new window).