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Ovo Energy to pay more than £10m over prepayment meter monitoring failings

Regulator finds inadequate monitoring by firm could have exposed vulnerable customers ‘to clear risk of harm’Ovo Energy has agreed to pay more than £10m after the energy regulator for Great Britain, Ofgem, found a lack of monitoring of vulnerable customers with prepayment meters (PPMs) could have exposed them to a “clear risk of harm”. Ofgem found that Ovo did not adequately monitor its PPM customers, including those on the priority services register, leading to breaches of the watchdog’s...

The Guardian World 7d ago

Ovo Energy to pay more than £10m over prepayment meter monitoring failings

Regulator finds inadequate monitoring by firm could have exposed vulnerable customers ‘to clear risk of harm’Ovo Energy has agreed to pay more than £10m after the energy regulator for Great Britain, Ofgem, found a lack of monitoring of vulnerable customers with prepayment meters (PPMs) could have exposed them to a “clear risk of harm”. Ofgem found that Ovo did not adequately monitor its PPM customers, including those on the priority services register, leading to breaches of the watchdog’s...

The Guardian UK 7d ago

Ovo Energy to pay more than £10m over prepayment meter monitoring failings

Regulator finds inadequate monitoring by firm could have exposed vulnerable customers ‘to clear risk of harm’Ovo Energy has agreed to pay more than £10m after the energy regulator for Great Britain, Ofgem, found a lack of monitoring of vulnerable customers with prepayment meters (PPMs) could have exposed them to a “clear risk of harm”. Ofgem found that Ovo did not adequately monitor its PPM customers, including those on the priority services register, leading to breaches of the watchdog’s...

The Guardian Business 7d ago

UK’s Ovo Energy to Pay $15 Million for Failing Vulnerable Users

Electricity transmission pylons above residential houses in Brighton.r is threatening British access to the continent's single energy market as a way of extracting concessions on fishing rights.

Bloomberg Markets 7d ago

Grants to pay off debts available for millions of Brits

Grants to pay off debts available for millions of Brits The warning comes as many households continue to battle high living costs and rising arrears Millions of households struggling with mounting household bills are being urged to check whether they qualify for grants to wipe out debts and access extra financial support. Energy regulator Ofgem issued an official alert to consumers who have fallen behind on payments, highlighting free debt advice, emergency support schemes and grants that...

Daily Mirror 9d ago

UK households face 29-day deadline to 'avoid £221 charge'

UK households face 29-day deadline to 'avoid £221 charge' Millions of UK households could face a £221 rise Millions of households have just 29 days remaining to avoid a £221 surge in their yearly energy costs, as experts caution that the latest price cap rise takes effect from July 1. Energy comparison platform Uswitch warns that households on standard variable tariffs are facing an average annual increase of £221 when regulator Ofgem implements a 13% hike to the energy price cap next month....

Daily Mirror 8d ago