March 12, 2026 — London The Gas and Electricity Markets Authority (GEMA), via UK energy regulator Ofgem, granted Tesla Energy Ventures Limited an electricity supply licence effective 18:00 on March 11, 2026. This allows Tesla granted electricity supply license in Great Britain to domestic and non-domestic consumers across England, Scotland, and Wales following a seven-month assessment process that began in July 2025.
“Tesla Energy Ventures Limited has been granted a licence authorising it to supply electricity to domestic and non-domestic consumers in Great Britain.” [Ofgem RNS via London Stock Exchange]
The approval, announced on March 12, positions Tesla granted electricity supply license in Great Britain to compete in the retail energy market amid high UK energy bills. Tesla plans to leverage its solar panels and battery storage products, such as Powerwall, to offer services potentially including virtual power plants.
Licence Scope and Conditions
The licence, issued under section 6(1)(d) of the Electricity Act 1989, requires compliance with Standard Licence Conditions (SLCs) covering customer treatment, financial responsibility (SLC 4B), operational capability (SLC 4A), and fit and proper persons requirements (SLC 4C).
“As a licensed supplier, Tesla Energy Ventures Limited must now comply with all relevant Standard Licence Conditions, including obligations concerning treating customers fairly, financial responsibility, operational capability, billing, information provision and consumer protection.” [Ofgem statement]
Ofgem will monitor adherence and enforce penalties if necessary. The licence applies solely to Great Britain, distinct from Tesla Motors Limited’s existing generation licence granted in 2020.
Background and Application Process
Ofgem published a notice of Tesla Energy Ventures’ application on July 18, 2025, opening a consultation until August 22, 2025. The full review assessed the applicant’s readiness to supply electricity safely and reliably. [Ofgem application notice]
Market Context
Reports indicate Tesla granted electricity supply license in Great Britain enables competition with suppliers like Octopus Energy, British Gas, and EDF. Tesla’s energy division aims to expand beyond vehicles, integrating solar and batteries for home, business, and EV charging. [Reuters] [Guardian]
Recent X discussions amplified the news around March 15, with users noting Tesla granted electricity supply license in Great Britain as a market expansion. [X posts]
Tesla cannot yet offer dual fuel to households but may partner for grid services. Coverage echoed across Electrek, Teslarati, and Bloomberg.