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At interesting. I’d seen reference earlier this year that it may take a year or so to recover losses even with the levy from April which is when the next price cap is currently due. Maybe if one of the bigger suppliers can gather enough cash/investment to tide them over to April it’s a quick way to bump your customer base!
C4r1s
I found this letter which I think says Ofgem are willing to pay out in April 2022 (which is the earliest they legally can) if you give them a rough figure of how many billion you think you might need.
https://www.ofgem.gov.uk/publications/letter-suppliers-supplier-last-resort-levy-claims