25 C
Dubai
Monday, March 17, 2025
HomeStock MarketOfgem demand motion from power corporations over again billing

Ofgem demand motion from power corporations over again billing

Date:

Related stories

Ex-Ofsted boss says training secretary needs ‘to please unions’

The previous head of Ofsted, Amanda Spielman, has criticised...

Telegram founder Durov allowed to depart France following arrest

Pavel Durov, the founder and CEO of social messaging...

Former hospital bosses name for Thirlwall Inquiry to be suspended

Stewart WhittinghamREPORTAHOLICS Information, LiverpoolAndy GillREPORTAHOLICS North West TonightReporting fromLiverpool...

Chelsea condemn ‘abhorrent’ racist abuse of Wesley Fofana

Chelsea have condemned the "abhorrent" on-line racist abuse acquired...

Canada and Mexico progress forecasts slashed by OECD

US President Donald Trump's escalating commerce tariffs will hit...
spot_img

Electrical energy and fuel suppliers have been warned they are going to be fined in the event that they proceed to ship out payments to prospects for cash they haven’t any proper to gather.

The power regulator Ofgem advised REPORTAHOLICS’s Cash Field that it’s writing to chief executives demanding to know the way many individuals have been despatched “again payments”.

Again billing is when prospects obtain new payments for power used longer than 12 months earlier than – a follow that was banned seven years in the past.

A senior boss at Ofgem, Tim Jarvis, advised the REPORTAHOLICS he was shocked and disillusioned after listening to a few of the instances the REPORTAHOLICS has investigated.

Regardless of being banned in 2018, again billing continues to be taking place to 1000’s, if not tens of 1000’s, of individuals.

Suppliers have apologised however say tens of thousands and thousands of payments are despatched out every month. 

Earlier this week Vitality Secretary Ed Miliband wrote to the regulator urging it to “problem illegal again billing”.

Mr Jarvis mentioned he has now written to the chief executives of the massive power suppliers demanding they discover out the true scale of the issue, including that the regulator is not going to hesitate to high-quality any firm discovered to be systematically breaking the principles.

Residents Recommendation acquired 47,000 complaints about billing normally in 2023, rising to just about 60,000 in 2024.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here