UK regulator grants Tesla electricity supply licence

Tesla authorised to supply power to homes and businesses

Change
The UK’s Ofgem granted Tesla an electricity supply licence covering domestic and business customers.
Why it matters
The licence allows Tesla to supply electricity but prohibits bundled dual-fuel contracts, requiring separate arrangements for gas supply.
Implications
  • Tesla can enter retail electricity market — competition increases
  • Suppliers must manage separate gas contracts — billing complexity rises

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