Power companies that have paid their green energy payments on time have been left to pick up a £100m tab by others that have failed to honour their commitments. Suppliers that have paid part or all of what they owe to the Government’s green scheme will be tapped for a further £97.5m, according to the latest data from energy watchdog Ofgem. A recent spate of insolvencies in the energy market have been blamed in part on the requirement for companies to pay into the renewables scheme. Of the suppliers who failed to comply by Ofgem’s Oct 31 late payment deadline, 16 are either in administration or have had their licence revoked.
Telegraph 6th Dec 2019 read more »