Heat Networks Regulation: authorisation conditions and guidance on measures to mitigate the risk and impact of financial failure
Overall, Citizens Advice agrees with the proposals set out in this consultation. We agree that the current level of heat network failure is very low. Where failure does occur, we also agree that the majority of heat networks should be able to ensure interim or step-in measures in a timely manner. Where this isn’t possible, intervention in the form of a Special Administration Regime (SAR) will be appropriate.