Basic Search  |  Summaries  |  Advanced SearchPenalty: £4,500,000
Year: 2017
Date: 27 January, 2017
Offence Group: competition-related offences
Offence Type: energy market violation
Violation Description: British Gas was fined £1 and made consumer redress payments of £4,499,999 to the Carbon Trust in settlement of a finding by Ofgem that the company failed to comply with its licence requirements to only install advanced electricity meters and to take all reasonable steps to arrange installation of advanced meters at relevant premises.
Action Type: agency action
Settlement Type: settlement with Ofgem
Agency: Office of Gas and Electricity Markets
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: energy services
Source of Data: (click here)