Ofgem has today published a list of 20 energy suppliers which “overstated” the share of the renewable electricity in their fuel mix disclosures (FMD) for the period 2019-2020.
The energy regulator found that energy firms reported having supplied a total of 2,151,820MWh more electricity from renewable sources than was supported by their evidence.Eleven suppliers were also identified to have held insufficient Renewable Energy Guarantee of Origin and/or Guarantee of Origin for their 2019/20 FMD statements.
Eighteen suppliers recognised their non-compliance and agreed to pay a total of £90,000 into the Energy Industry Voluntary Redress Scheme.
The list includes energy suppliers that have exited the market.
Suppliers who held insufficient REGOs and/or GoOs to support the proportion of renewable electricity they reported to supply were:-
- Eneco Energy Trade BV
- ESB Energy
- Gazprom Energy
- Green Supplier Limited
- HUB Energy
- Orsted
- Outfox the Market
- People’s Energy
- Pozitive Energy
- Sinq Power
- Symbio Energy
- Vattenfall Energy Trading
- YĆ¼ Energy
Suppliers who incorrectly used the UK Average Fuel Mix for their FMD statement, overstating the proportion of renewable electricity supplied were:-
- Ampower
- Business Power and Gas Energy
- Eco Green Management
- Maxen Power
- Northumbria Energy
- Square1 Energy
- Utility Point
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