Basic Search  |  Summaries  |  Advanced SearchPenalty: £4,003,857
Year: 2014
Date: 20 May, 2014
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: British Gas was fined £800,000 and paid £3,200,000 redress to customers in settlement of a finding by Ofgem that the company did not comply with licence requirement with respect to non-domestic customer transfer blocking and renewals. The final penalty included an additional £3,857 interest for late payment
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)