© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Energy watchdog plans to make UK suppliers refund surplus credit

Some UK households in line for hefty refunds of up to £1,000 if new Ofgem plans go ahead

The energy regulator could soon call on suppliers to hand £1.4bn in customer credit back to households under plans to stop energy companies from holding on to customer credit balances.

Ofgem is concerned that some suppliers may be using customers’ surplus credit balances – which tend to build up over the summer when bills are lower – to fund otherwise unsustainable business practices.

Continue reading…

Related posts

Everybody’s talking about Jamie Lloyd: the explosive rise of superstar director masterminding Evita

AEA3

Daughter of British man killed by IS describes confronting his death

AEA3

‘Back with a bang’: UK gets ready for the Eurovision party it’s been missing

AEA3

Pin It on Pinterest

Share This