Around £39,222,407 is to be returned to electricity suppliers through the Contracts for Difference (CfD) scheme, the first quarter in which this has occurred.
As gas prices remain high, the Association for Renewable Energy and Clean Technology (REA) has published a six point plan to tackle the current energy bill crisis.
Pozitive Energy, SmartestEnergy, Utilita, British Gas and Yü Energy have all been appointed as Suppliers of Last Resort (SoLR) by Ofgem for the most recent energy suppliers to have shuttered.
Ofgem has issued two energy suppliers with final orders and five suppliers with provisional orders over a total of £17.9 million of outstanding Renewables Obligation (RO) payments.