Yahoo Finance | Households could be billed twice for green tax after suppliers go bust

Robert Buckley, Head of Retail and Development commented on suppliers missing the annual deadline to pay the Renewables Obligation in August.

Cornwall Insight estimated that just under £71 million will be missing from the fund after the October 31 deadline, with Economy Energy, which went bust in January owing the most of anyone, at £15.6 million.

Many use the period between the deadline on August 31, and the final demand date on October 31, delaying the payment and paying the resulting interest that Ofgem charges as it is cheaper than a loan.

Robert Buckley, Head of Retail and Development

Yahoo Finance