Suppliers still owe £15.1m in deferred capacity charges

Energy suppliers still owe more than £15.1 million in outstanding Capacity Market charges from its recent year-long suspension, the Electricity Settlements Company (ESC) has revealed.

However, the figure is less than half of the £38.2 million they owed in November and includes a £6.1 million shortfall from eleven suppliers that have ceased trading. Operational suppliers are in arrears to the tune of £9 million.

The supplier with the largest debts is Pozitive Energy, which as of 10 December owed just over £3.8 million.

You can see the full list below:

Suppliers still operating Amount Owed
Breeze Energy £503,118.61
Enstroga £1,011,623.43
Euston Energy £42,307.06
Foxglove Energy Supply £1,100,230.55
AmPower UK £167,453.48
PFP Energy Supplies £884,051.12
Nabuh Energy £258,331.13
Pozitive Energy £3,808,063.03
Utility Point £1,271,267.06
Total £9,046,445.47
Suppliers that have ceased trading
Toto Energy £1,134,758.06
OneSelect £124,193.40
Eversmart Energy £687,556.85
Electraphase £2,296.16
Ure Energy £11,765.69
Solarplicity Supply £904,407.27
Brilliant Energy £467,851.49
Economy Energy Trading £2,083,616.12
Our Power Energy Supply £479,676.32
Rutherford Energy Supply £52,037.30
Spark Energy Supply £141,648.74
Total £6,089,807.40

 

The Capacity Market returned to operation in October after the European Commission reapproved the scheme under state aid rules. Its original decision to grant state aid approval was overturned by the European Court of Justice the previous November on the grounds it had failed to properly investigate concerns the mechanism discriminated against demand-side response.

More than £1 billion of capacity payments were deferred for the duration of the standstill.

The ESC has previously confirmed that a mutualisation process will be launched to recover unpaid bills where possible and spread the cost of any remaining debts across the industry. The full amount covered by that process is expected to be