Renewables Obligation Late Payment Distribution 2021 - 2022
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We redistributed the 2021-22 RO late payment fund on 5 December 2022. We paid a total of £44,000,191 to suppliers who presented Renewables Obligation Certificates (ROCs) this year. Suppliers received £7.04 per ROC presented after the redistribution of the buy-out fund. From the redistribution of the late payment fund, they have received an extra £0.40 per ROC. This means that the final recycle value for 2021-22 is £7.44.
Details of the late payments we received from suppliers (including interest) and the amounts we redistributed for each RO scheme are in Table 1 below:
Obligation
Late payments made by suppliers
Late payments redistributed
England & Wales
£42,088,144.65
£42,088,153.00
Scotland
£1,912,034.37
£1,912,038.00
Northern Ireland
£0.00
£0.00
Total
£44,000,179.02
£44,000,191.00
We redistributed late payments to the suppliers on the same basis as the buy-out fund, i.e. in line with the proportion of the total ROCs they presented across the three schemes.
As with the buy-out fund, the amounts we redistributed are rounded down to the nearest pound.
Suppliers have until 1 September to present ROCs to us or until 31 August to make buy-out payments to meet their obligations. Suppliers who have not met their obligations in full by this date must make late payments by 31 October. Late payments incur a daily interest penalty, at an annualised rate of 5% + Bank of England base rate (so 6.75% this year). This is specified in RO legislation.
Thirty-six supplier groups across 68 obligations failed to meet their obligation by the deadline of 1 September, as outlined in Table 2:
Supplier
Obligation outstanding (England & Wales)
Obligation outstanding (Scotland)
Obligation outstanding (Northern Ireland)
AMPowerUK Limited
£3,324,606.00
£302,514.00
0
Avro Energy Limited
£26,729,385.20
£613,714.80
0
BES Commercial Electricity Ltd
£5,906,560.80
£824,433.20
0
BlueGreen Energy Services Ltd
£325,120.00
£4,622.80
0
CNG Electricity Limited
£73,406.00
£2,794.00
0
Colorado Energy Limited
£601,370.4
£21,894.80
0
Delta Gas And Electricity
£530,809.20
£113,690.40
0
Edgware Energy Ltd
£25,124.80
£1,116.80
0
ENSTROGA Ltd.
£285,496.00
£21,945.60
0
Foxglove Energy Supply Ltd
£6,266,952.40
0
0
Gas and Power Limited T/A Hub Energy
£1,418,031.20
£130,708.40
0
GoTo Energy (UK) Limited
£1,496,923.60
£158,496.00
0
Green Supplier Limited
£9,517,684.80
£738,479.60
0
Home Energy Trading Ltd
£609.60
0
0
Igloo Energy Supply Limited
£8,838,387.20
£350,621.60
0
Logicor Energy Ltd - AA
£344,881.20
£32,562.80
0
MA Energy Limited
£833,882.00
£88,849.20
0
Marble Power Ltd
£7,009,790.40
£920,851.60
0
Maxen Power Supply Ltd
£1,284,173.20
0
0
MoneyPlus Energy Limited
£489,102.40
£112,572.80
0
Nabuh Energy Ltd
£1,110,538.80
£121,970.80
0
Neon Reef Limited
£1,447,647.60
£117,602.00
0
Omni Energy Ltd
£203,860.40
£22,860.00
0
People's Energy (Supply) Limited
£15,154,300.40
£1,600,301.60
0
PFP Energy Supplies Limited
£2,661,513.60
£373,430.80
0
Pozitive Energy Ltd
£21,000,000.00
£21.68
0
Pure Planet Limited
£11,719,356.80
£974,191.60
0
Simply Your Energy Limited
£210,413.60
£26,873.20
0
Social Energy Supply Ltd
£276,047.20
£9,804.40
0
Symbio Energy Limited
£3,327,654.00
£289,204.40
0
Together Energy (Retail) Limited
£11,443,309.60
£958,037.20
0
UK Energy Incubator Hub Limited
£411,581.60
£41,452.80
0
Utility Point Limited
£8,493,353.60
£581,660.00
0
Whoop Energy
£128,066.80
£126,288.80
0
Zebra Power Limited
£737,819.20
£87,426.80
0
Zog Energy Ltd
£304.80
0
0
Of the thirty-six supplier groups across 68 obligations who failed to discharge their obligation by the 31 August and 1 September deadlines, 14 obligations were fully discharged by the late payment deadline of 31 October. The remaining 54 obligations were not met in full:
Supplier
Obligation
Amount owed (exc. interest) as of 31 Oct
AMPowerUK Limited
RO
£3,324,606.00
AMPowerUK Limited
ROS
£302,514.00
Avro Energy Limited
RO
£26,729,385.20
Avro Energy Limited
ROS
£613,714.80
BlueGreen Energy Services Ltd
RO
£325,120.00
BlueGreen Energy Services Ltd
ROS
£4,622.80
CNG Electricity Limited
RO
£73,406.00
CNG Electricity Limited
ROS
£2,794.00
Colorado Energy Limited
RO
£601,370.40
Colorado Energy Limited
ROS
£21,894.80
Delta Gas And Electricity
RO
£530,809.20
ENSTROGA Ltd.
RO
£285,496.00
ENSTROGA Ltd.
ROS
£21,945.60
Gas and Power Limited T/A Hub Energy
RO
£1,418,031.20
Gas and Power Limited T/A Hub Energy
ROS
£130,708.40
GoTo Energy (UK) Limited
RO
£1,496,923.60
GoTo Energy (UK) Limited
ROS
£158,496.00
Green Supplier Limited
RO
£9,517,684.80
Green Supplier Limited
ROS
£738,479.60
Igloo Energy Supply Limited
RO
£8,838,387.20
Igloo Energy Supply Limited
ROS
£350,621.60
MA Energy Limited
RO
£833,882.00
MA Energy Limited
ROS
£88,849.20
MoneyPlus Energy Limited
RO
£489,102.40
MoneyPlus Energy Limited
ROS
£112,572.80
Nabuh Energy Ltd
RO
£1,110,538.80
Nabuh Energy Ltd
ROS
£121,970.80
Neon Reef Limited
RO
£1,447,647.60
Neon Reef Limited
ROS
£117,602.00
Omni Energy Ltd
RO
£203,860.40
Omni Energy Ltd
ROS
£22,860.00
People's Energy (Supply) Limited
RO
£15,154,300.40
People's Energy (Supply) Limited
ROS
£1,600,301.60
PFP Energy Supplies Limited
RO
£2,661,513.60
PFP Energy Supplies Limited
ROS
£373,430.80
Pure Planet Limited
RO
£11,719,356.80
Pure Planet Limited
ROS
£974,191.60
Simply Your Energy Limited
RO
£210,413.60
Simply Your Energy Limited
ROS
£26,873.20
Social Energy Supply Ltd
RO
£276,047.20
Social Energy Supply Ltd
ROS
£9,804.40
Symbio Energy Limited
RO
£3,327,654.00
Symbio Energy Limited
ROS
£289,204.40
Together Energy (Retail) Limited
RO
£11,443,309.60
Together Energy (Retail) Limited
ROS
£958,037.20
UK Energy Incubator Hub Limited
RO
£411,581.60
UK Energy Incubator Hub Limited
ROS
£41,452.80
Utility Point Limited
RO
£8,493,353.60
Utility Point Limited
ROS
£581,660.00
Whoop Energy
RO
£128,066.80
Whoop Energy
ROS
£126,288.80
Zebra Power Limited
RO
£737,819.20
Zebra Power Limited
ROS
£87,426.80
Zog Energy Ltd
RO
£304.80
The total shortfall is determined by reference to article 72 of the Renewables Obligation Order 2015 and article 48 of the Renewables Obligation (Scotland) Order 2009.
The total shortfall amount across all RO schemes is £119,668,290.00 (excluding interest). This is distributed across the schemes, as follows:
RO: £111,789,972.00
ROS: £7,878,318.00
NIRO: 0
As a relevant shortfall has been reached, mutualisation has been triggered for both RO and ROS. In line with the RO Orders, suppliers who discharged part or all of their obligation will be contacted to make quarterly payments to make up the shortfall, in proportion to their obligation. Further information on mutualisation can be found within chapter 7 of our Renewables Obligation: Guidance for Suppliers.
Of the suppliers who failed to comply by the 31 October late payment deadline, 27 are either in administration or have had their licence revoked.
On 27 October 2022 Ofgem issued a final order to Delta Gas and Power Ltd to make the outstanding payment plus interest by 31 October 2021. Ofgem received full payments from Delta Gas and Power Ltd on 25 November 2022. Any payments received after the late payment deadline will be redistributed at a later date. The supplier will be considered on a case-by-case basis and further enforcement action may be taken as appropriate, which could result in a supplier having its licence revoked.
RO legislation does not provide for payments received after the late payment deadline. As such, the amount to be mutualised is calculated by reference to the total shortfall in the late payment fund as of 31 October and the mutualisation sum is not recalculated to account for payments received after the late payment deadline. We are unable to pursue enforcement action against suppliers which have ceased trading and had their licence revoked. We will seek to recover outstanding payments due from such suppliers through the organisations’ administrators where appropriate.
Through our work on these issues, Ofgem seeks to secure the best outcomes for consumers and the wider energy market.
Contact: REcompliance@ofgem.gov.uk