payments

The energy supplier failed to make some of the FiT payments that were due as part of the payment plans previously set out with the regulator

It also failed to pay compensation over a six-year period to a possible 12,000 affected residents left without gas for more than 24 hours

The supplier was previously banned from taking on new customers due to its poor switching process and customer service

The company failed to pay back millions of pounds to investors

The payments have been made to a total of 15 charities and projects across the UK

The European Court of Justice has suspended the scheme which means the UK cannot hold any auctions either until it receives clearance

PayPoint terminals stopped working over the weekend, leaving customers of the service without gas and electricity

Small power plant generators that receive payments to help keep the lights on during peak times could lose a huge chunk of the funding. Ofgem is proposing to cut those payments that some embedded generators get from the current level of around £45/kW – double the clearing price for the 2016 Capacity Market auction – […]

A new campaign aimed at reuniting consumers with cash owed to them by their former energy supplier has been launched. Called ‘My Energy Credit’, the nationwide initiative hopes to hand back repayments of around £50 to three million gas and electricity consumers. Customers can apply for the credit regardless of when their account was closed […]

The UK’s application to join a voluntary global initiative aimed at fighting corruption in the oil, gas and mining sectors has been approved. It joins the US and 40 other nations that are part of the Extractive Industries Transparency Initiative (EITI), which brings together governments, companies and civil society groups to promote transparency in the […]