Basic Search  |  Summaries  |  Advanced SearchPenalty: £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)