Category: News | Published: 2025-09-03
What Has Tesla Done?
The application was formally submitted on 25 July by Tesla Energy Ventures Limited, a UK-registered company under the wider Tesla umbrella. Ofgem, the UK’s energy regulator, confirmed the licence request on its website and set a consultation period until 22 August for stakeholders to submit comments. In line with the Utilities Act 2000, Ofgem has only published the notice of application, limiting further detail. If approved, the licence would allow Tesla to operate as a retail electricity supplier across England, Scotland and Wales.
Extend Scope of Existing Licence
It should be noted here that Tesla already holds a generation licence in the UK (granted in 2020) which allows it to produce electricity. However, this latest move could extend its scope to selling power directly to households and businesses, in the same way as established suppliers such as British Gas, Octopus Energy and OVO.