Court summons for RLJ

The "price" is a court summons and possibly massive fine.

The NEFPN is a discretionary offer to summarily accept guilt, and pay a reduced amount, to save the tax payer the ballache of paying for it to go to court.

I don't know what the 'NEFPN' is but if you mean the fixed penalty notice then I was under the impression that you don't technically 'summarily accept guilt' when you pay it, it just means they get their cash and leave you alone. I'd be very suprised if you would be done for dangerous cycling or whatever the charge is by creeping through a red light. A bicycle is, after all, a carriage not an automobile in law.