Deadline looms for registering for RO
OWNERS OF RENEWABLE ENERGY SYSTEMS HAVE JUST TWO WEEKS LEFT TO REGISTER WITH OFGEM FOR PAYMENTS SCHEME
London, 17 March, 2010: Owners of renewable energy systems installed before July 15th 2009 have just two weeks left to register with OFGEM for the Renewables Obligation (RO) or they will miss out forever on being paid for the renewable electricity they generate. The March 31st deadline was imposed by the Government in early February following the finalisation of the Feed-In Tariffs scheme. Only by moving to the RO will renewables owners qualify to move to the Feed-In Tariffs scheme at the lower 9p/kWh rate introduced by the Government.
Ownergy, the full service provider of renewable energy systems, launched a service in February to assist such owners move over to the RO and then onto the Feed-In Tariffs. Philip Wolfe, managing director of Ownergy, commented:
“Originally we feared that everyone who had installed renewable power systems prior to July 15th last year would miss out on the Feed-In Tariffs but this turned out not to be the case. However, there is not long to act and while the 9p/kWh rate is a lot lower than the full Feed-In Tariffs, it is better than the deals that most renewable energy system owners will currently be on.
“Over the past month we have been inundated by confused and concerned renewables owners who we have assisted in the transition to the ROs as the required step to qualify for the Feed-In Tariffs. There is still time if they act quickly and our service does take on all the hassle of transferring over to the Feed-In Tariffs so that the property owners can continue to enjoy the benefits of generating their own electricity. Like many others, of course, we advised the Government to make all existing systems fully eligible for the tariffs – then all of this palaver could have been avoided.”
