Five energy suppliers could be issued with final orders by the regulator over £7 million in late renewables obligation (RO) payments.
The retailers in question are Ampoweruk, Whoop Energy, Goto Energy, Home Energy Trading and Colorado Energy.
Both Whoop and Colorado Energy were recently issued with provisional orders by the regulator compelling them to pay into the government’s feed-in-tariff (FIT) scheme.
The amounts owed for each supplier are:
| Supplier | Amount owed |
| Ampoweruk | £3,590,236 |
| Goto Energy | £2,472,369 |
| Colorado Energy | £883,182.3 |
| Whoop Energy | £56,306 |
| Home Energy Trading | £2,252 |
Ofgem said it has engaged with all suppliers that missed the 31 August and 1 September RO deadlines to seek assurances that they will be able to make the necessary payments by the late payment deadline.
The five suppliers faced with being issued final orders have failed to fully discharge their obligation by either presenting the required number of RO certificates by the deadlines, or paying the full buy out payment, and have since failed to provide adequate assurances they will make the payment by the late deadline.
The regulator will now consult for 21 days before deciding whether to confirm the orders later this month. If confirmed the five will be compelled to pay into the buy-out fund by 31 October 2021.
If they do not pay, Ofgem could start the process of revoking their supply licences.