Energy firm to refund thousands of customers after Ofgem concerns

  • 📰 nottslive
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 52%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

More than 25,000 customers were potentially affected

Thousands of energy customers could get refunds after concerns were raised by Ofgem. Utilita Energy is set to pay out £830,000, after an assessment highlighted concerns around the provision of additional support credits for prepayment meters customers.

A total of £321,740 will also be paid into the Energy Redress Fund, which supports energy consumers in vulnerable situations, amongst other innovation and carbon emission reducing investments. It comes after a robust assessment by regulator Ofgem suggested the supplier was not taking individual circumstances into consideration when deciding whether or not to provide additional support credits needed for customers topping up prepayment meters.

Utilita has now agreed to this financial redress package instead of a penalty. This means those customers affected will get the payment directly and more quickly.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Whose customers?

£20 each

Utilita trying to pull a fast one on customers and now have to pay up and I wonder how many more companies are at it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy firms offer up to £1,500 bill support amid cold weatherSet out by energy regulator Ofgem, the price cap is set to rise to an annual level of £4,279 in the new year (January 2023). UK energy suppliers have now shared updated advice for struggling bill payers.
Source: nottslive - 🏆 96. / 52 Read more »

Best energy-saving items to help keep warm during cold weatherHeated socks, touchscreen gloves and even USB-operated heated gilets can all help save you money and keep warm too
Source: EchoWhatsOn - 🏆 74. / 59 Read more »

Europe may not find energy efficiency sexy — but it’s crucial\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Source: FT - 🏆 113. / 51 Read more »

Europe may not find energy efficiency sexy — but it’s crucial\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. Remember: Energy efficiency is the key. ACEEEdc listed EU as one of the most energy efficient areas in the world. Discover more on the Continent’s steps and trends:
Source: ftenergy - 🏆 47. / 63 Read more »

People could save up to £300 on their energy bills by visiting B&Q, says expertDarren McGhee revealed that insulation in the home can be bought for as little as £18
Source: nottslive - 🏆 96. / 52 Read more »

US Dept of Energy set to reveal fusion breakthroughIf Uncle Sam got more power out of a reaction than it put in, it's a new dawn for clean energy This story will age well.
Source: TheRegister - 🏆 67. / 61 Read more »