Monday, July 8, 2024
Energy Transition Outlook Report 2023
HomeRenewablesbalancing costsUK wind farm fined £5.5m for overcharging

UK wind farm fined £5.5m for overcharging

Ofgem has imposed a penalty on Dorenell Windfarm Limited (DWL) for breaching energy market rules, securing a payment of £5.53 million.

The energy regulator’s investigation reveals that DWL charged excessive prices to reduce output, increasing costs for consumers.

DWL, an electricity generator operating in Northern Scotland, has agreed to make the payment into Ofgem’s Redress Fund, established to support energy consumers.

This is part of Ofgem’s enforcement efforts, resulting in over £100 million in penalties from companies breaching market regulations.

DWL has pledged to revise its pricing policy to prevent future breaches.

Director of Enforcement for Ofgem Cathryn Scott said:  “Another win for customers through Ofgem’s robust enforcement work has been secured.

“This company has accepted its error and has agreed to make a significant payment to put it right. Customers – particularly those in vulnerable situations – will rightly benefit from over £5 million as a direct result. We hope this sends a clear message that licence breaches will simply not be tolerated.”

Energy Live News
Energy Live Newshttps://www.energylivenews.com
This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
RELATED ARTICLES
- Advertisment -
Energy Jobline LinkedIn

Most Popular

Recent Comments