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Violation Tracker UK Individual Case

Company: Ovo Gas Limited and Ovo Electricity Limited
Current Parent CompanyOVO Energy
Parent at the Time of the Penalty Announcement: OVO Energy
Penalty: £8,876,500
Year: 2020
Date: 29 January, 2020
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Ovo Gas and Ovo Electricity agreed to pay a £1 fine each plus a total of £8,876,498 to the Voluntary Redress Fund in settlement of a finding by Ofgem that the companies breached multiple licence requirements to bill customers correctly and fairly.
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: privately held
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: energy supply
Source of Data(click here)