On 1 October 2021, the Authority published its notice of proposal to issue a Final Order (FO) on Home Energy Trading Ltd in accordance with Section 25(1) of the Electricity Act 1989 (EA89).
The particular behaviour of concern giving rise to the proposed FO was that Home Energy Trading Ltd failed to meet its Renewables Obligations (RO), by failing to produce Renewables Obligation Certificates (ROC) to the Authority by 1 September 2021, or to make payments as an alternative by 31 August 2021, sufficient to discharge its RO. Home Energy Trading Ltd 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 2021.
Home Energy Trading Ltd made full payment of its RO for 2020-2021 on 5 October 2021, including all applicable interest, thus meeting its RO for 2020-2021.
Therefore, on 18 October 2021, the Authority made a decision not to make a FO.