The energy regulator has threatened to strip five suppliers of their licences after they failed to hand over more than £500,000 collected from customers’ bills to help pay for a renewable energy support scheme.
Ofgem warned Orbit Energy, Simply Your Energy, Delta Gas and Power, Social Energy Supply and Whoop Energy to pay a total of £575,000 into the pot used to support small-scale renewable energy projects such as rooftop solar panels “immediately” or face enforcement action.
The suppliers all missed a payment deadline of 10 November and if they fail to comply with the latest order from Ofgem “they could end up having their licences revoked or face a financial penalty”, the regulator said.
A struggle to meet industry payment obligations is
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