E.On hit with £3 million fine - Gas and electricity - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

E.On hit with £3 million fine

E.On hit with £3 million fine

Category: Gas and electricity

Updated: 09/07/2013
First Published: 09/07/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Energy firm E.On has been fined £3 million by failing to accurately report how many free energy-saving light bulbs it had distributed to customers as part of a Government scheme aimed at cutting carbon emissions.

The energy-efficiency scheme that saw energy firms hand out free light bulbs to their customers was launched in 2010. Following Government investigations, however, it was discovered that E.On could not provide adequate proof that it had complied with the targets set by the scheme.

Energy firms were required to hand out 25 million of the light bulbs, but E.On was only able to account for 21 million of the bulbs.

Energy regulator Ofgem announced that £2.5 million of the penalty will go towards helping consumers in fuel poverty who receive financial support through the Warm Home Discount scheme.

The remaining £500,000 will be paid to the Treasury as a fine.

What Next?

Are you on the right energy tariff ? Check out our latest energy tariff table and save up to £331 a year

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
Close