LONDON: Ofgem, Britain’s independent energy regulator, has issued three suppliers with final orders compelling them to pay £15 million in outstanding payments to comply with the Renewables Obligation (RO) scheme and in Feed-in Tariff (FIT) levelisation payments by 31 October 2020.
The three suppliers are Nabuh Energy Limited, Robin Hood Energy Limited and Symbio Energy Limited.
The three suppliers failed to pay into the buy-out fund or present the required number of Renewables Obligation Certificates (ROCs) by the initial deadlines of 31 August and 1 September 2020. They now have until the late payment deadline of 31 October to make the outstanding payments, plus interest.
Robin Hood Energy Limited also failed to pay its FIT levelisation payment.
Earlier this month Ofgem consulted on issuing the final orders, as well as four more final orders for Tonik Energy, Co-Operative Energy, Flow Energy and MA Energy for unpaid Renewables Obligation and Feed-in Tariff payments.
Tonik Energy has since ceased to trade, Co-operative Energy and Flow Energy have provided Ofgem with sufficient assurances that they will pay by the deadline and MA Energy has since paid its obligation in full.
Ofgem has also engaged with other suppliers which missed the 31 August and 1 September deadlines but which have since provided satisfactory assurances that they will be in a position to make the necessary payments by the late payment deadline.
If any supplier fails to meet the late payment deadline, Ofgem is ready to take the appropriate enforcement action against them, which could result in their licence being revoked.
Cathryn Scott, Ofgem’s Director of Enforcement and Emerging Issues, said: “The Renewables Obligation and Feed-in Tariff schemes provide vital support to renewable electricity generators and play an important role in Great Britain’s journey to a greener, fairer, energy system.
“This enforcement action shows that we will take robust action if suppliers undermine such schemes by failing to meet their obligations, which could lead to them having their licence revoked.”
Following the late payment deadline of October 31, Ofgem will publish a summary of suppliers’ Renewables Obligation payments, late payments and any payments which remain outstanding.