Proposal to issue a Final Order
On 2 October 2020, the Authority published its notice of proposal to issue a final order on Co-Operative Energy Limited in accordance with Section 25(1) of the Electricity Act 1989.
The particular behaviour of concern giving rise to the proposed FO is that Co-Operative Energy Limited failed to meet its Renewables Obligations (RO), by failing to produce Renewables Obligation Certificates (ROC) to the Authority by 1 September 2020, or to make payments as an alternative by 31 August 2020, sufficient to discharge its RO. Co-Operative Energy Limited subsequently failed to provide robust assurance that it could and would be in a position to make the necessary payment, including applicable interest, by the late payment deadline of 31 October 2020. Co-Operative Energy Limited has also not paid its outstanding Q1 mutualisation.
The draft final order requires Co-Operative Energy Limited to make a payment to the Authority in full settlement of its Renewables Obligations for the obligation period of 1 April 2019 to 31 March 2020, including interest, on or before 31 October 2020 and its outstanding Q1 mutualisation forthwith.
Any representations or objections with respect to the proposed final order are to be made to the Authority before 10am on 26 October 2020, sent by email to email@example.com and firstname.lastname@example.org.