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Violation Tracker UK Individual Case

Company: Octopus Energy
Current Parent CompanyOctopus Energy Limited
Parent at the Time of the Penalty Announcement: Octopus Energy Limited
Penalty: £750,000
Year: 2023
Date: 17 May, 2023
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: E.On Next, Good Energy and Octopus Energy agreed to pay restitution to customers in settlement of allegations the companies either missed or unduly delayed compensation payments which were due if a supplier did not provide a final bill within six weeks of a customer switching to another provider.
Agency: Office of Gas and Electricity Markets
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: privately held
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: renewable energy
Source of Data(click here)