Ofgem has named seven active suppliers that have not made Renewables Obligation payments by the late payment deadline of 31 October. Together they owe £17.9 million.
The suppliers are:
Whoop Energy £56,306.25
Delta Gas and Power £381,030.65
Entice Energy £173,923.75
MA Energy £941,835.25
Neon Reef £349,148.80
Together Energy £12,402,390.00
Earlier this month Ofgem consulted on issuing final orders for Ampower, Whoop Energy, Goto Energy, Colorado Energy and Home Energy Trading for unpaid RO payments.
Goto Energy and Colorado Energy have ceased to trade while Home Energy Trading has paid its obligation in full. If the remaining companies do not pay, Ofgem could start the process of revoking their licences to supply energy.
Shortfalls in the late payment fund for the Renewables Obligation scheme trigger mutualisation if the relevant threshold (£15.4 million for England and Wales, and £1.54 million for Scotland) is met. This means that suppliers who have complied with their obligations in full or in part will be required to make up the shortfall.