Energy retail
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Court orders failed suppliers to hand over RO payments to Ofgem
A High Court judge has ordered failed energy retailers to hand over unpaid Renewables Obligation (RO) payments to Ofgem in what the regulator has labelled a “significant outcome”. The case, which was heard last month, was brought by the administrators and liquidators for a number of such companies and sought to determine whether insolvent retailers are liable for monies owed both via the RO and customer credit balances.
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