Articles tagged with: whoop energy

There have now been three supplier collapses in 2022, following 27 in 2021. Image: Getty.

Yü Energy Retail takes on Whoop Energy and Xcel Power’s customers

22 Feb 2022, 12:22

Yü Energy Retail Limited has been appointed to take on the customers of collapsed suppliers Whoop Energy and Xcel Power Limited.

In 2021, 27 suppliers closed as high power prices squeezed them.

Whoop Energy and Xcel Power shutter

21 Feb 2022, 11:06

Two more energy suppliers have collapsed, with Whoop Energy and Xcel Power Ltd leaving 536 customers to be absorbed by the Supplier of Last Resort (SoLR) mechanism.

If suppliers now fail to make payments, Ofgem could revoke their licences. Image: Andy Beecroft.

Ofgem issues provisional orders for combined £575,000 of failed FiT payments

12 Nov 2021, 16:03

Ofgem has ordered five suppliers to pay a combined £575,000 for failing to meet payment deadlines for the feed-in tariff (FiT) scheme.

The final orders come during a turbulent time for energy suppliers, with many ceasing to trade in recent months. Image: Getty

Ofgem orders energy suppliers to pay £17.9m in outstanding RO payments

1 Nov 2021, 12:38

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.

Last year, ten suppliers missed the initial deadline and three ended up being issued with a final notice.

Ofgem consults on final order for five suppliers who owe £7m in RO payments

1 Oct 2021, 16:56

Ofgem is consulting on issuing final orders to five suppliers who collectively owe over £7 million in late Renewables Obligations (RO) payments.

Igloo Energy, one of the suppliers to be issued a provisional order, specialises in low carbon heat. Image: Igloo Energy

Five energy suppliers hit with provisional orders over FiT fees

22 Sep 2021, 13:55

Ofgem has issued five energy suppliers with provisional orders to pay around £765,000 for the feed-in tariff (FiT) scheme.