Energy customers caught up in ‘scandal bigger than PPI’ suffer High Court blow

A Midlands manufacturer lost its £130,000 case against French power giant Engie, leaving claims firms and lawyers to"review" their position on what was touted to be a scandal"bigger that PPI".Coventry-based manufacturing group Expert Tooling and Automation took French power giant Engie to court to reclaim more than £130,000 in the broker fees it claimed had been hidden when agreeing its supply deals.

In one of the five deals, agreed for a period of 5 years from 1 April 2016 to 31 March 2021, resulted in Utilitywise claiming more than £100,000 in commission, according to the court ruling. “Energy commission claims of this type are very fact specific and so it would be wrong to suggest that the decision in any way represents an end to energy claims,” he said. “This decision is but one of a growing body of claims and court decisions.

Business minister Amanda Solloway announced the move as part of Government and Ofgem changes to tackle “cowboy practices” such as hidden broker fees, inaccurate energy bills, and pressurising sales tactics for energy contracts. “Energy UK and our supplier members have supported proposals resulting from Ofgem’s review of the non-domestic market, particularly around increasing the information, clarity and transparency of commissions. Ofgem having the legal powers to set out and enforce rules would increase regulatory oversight and establish higher standards for brokers so that business customers are properly protected.

Due to the Government’s move not being retrospective legislation, losses small firms accrued will not be able to be considered by the ombudsman.So, what do you do if you have an historic claim as a small business or a claim of more than £10,000 as a micro business?

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Energy customers set for payouts worth billions in scandal ‘bigger than PPI’A landmark legal case over hidden fees in energy bills could 'open the floodgates' to more businesses taking action against their energy provider
مصدر: i newspaper - 🏆 8. / 89 اقرأ أكثر »

Yorkshire Energy Park: Plans for £200m green energy park which could create 4,500 jobs approvedPlans for a £200m green energy park, which could create 4,500 jobs, have been given the green light.
مصدر: The Yorkshire Post - 🏆 39. / 66 اقرأ أكثر »

The Growing Importance of Energy Storage in the Renewable Energy SectorThe energy storage sector is set to double in size by 2024 as renewable energy production capacity increases. However, the wide-scale use of lithium-ion batteries poses challenges due to the negative environmental and health impact of lithium mining.
مصدر: OilandEnergy - 🏆 34. / 68 اقرأ أكثر »

Cost of living energy bills: What is the energy price cap?The £238 fall over the year equates to around £20 saved each month for the average household in England, Scotland and Wales
مصدر: Observer_Owl - 🏆 18. / 72 اقرأ أكثر »