Articles tagged with: mutualisation

The cost of supplier collapses has added £94 per household to energy bills over the last year. Image: Getty.

Ofgem moves to stop customer balances being used as ‘interest free company credit cards’

21 Jun 2022, 14:50

Ofgem has announced new plans to improve the financial health of energy suppliers in an effort to avoid company failures on the scale seen over the last year.

CEO Nigel Pocklington said the company's "job is done" as a developer and asset owner. Image: Good Energy.

Good Energy declares its 'job is done as a developer' as it sells 48MW portfolio to focus on mobility and energy services

26 Nov 2021, 11:49

Good Energy is selling its 47.5MW renewable asset portfolio as part of a shift towards mobility and energy services, including increased investment into Zap-Map.

Electricity suppliers are required to obtain a certain number of Renewables Obligation Certificates in proportion to the amount of electricity they supply to customers. Image: Getty

Ofgem eyes regulating to reduce risk and extent of Renewables Obligation payment default

12 Aug 2021, 11:34

Ofgem is consulting on how to better address supplier payment default under the Renewable Obligation (RO) scheme.