Ofgem has proposed to impose a £223,676 financial penalty on Farringdon Energy Limited, because of failings in its ability to serve customers and comply with regulatory obligations. The regulator said the business supplier had taken, and was continuing to take, direct debit payments, for non-domestic supply of electricity, from customers it was either no longer supplying electricity to, or had not commenced supplying.
Ofgem said it was continuing to investigate further breaches of licence conditions.