E.ON Next to send 100,000 customers £144 payments in compensation

Your Money News

E.ON Next to send 100,000 customers £144 payments in compensation
United Kingdom Latest News,United Kingdom Headlines
  • 📰 LiveLancs
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 87%

E.ON Next has agreed to pay £14.5 million in compensation and redress to customers on prepayment meters, after failing to provide final bills and refund credit balances

Energy company E. ON Next has been ordered to pay £14.5 million in compensation and redress to customers on prepayment meters, according to industry watchdog Ofgem. It's estimated that around 100,000 customers will receive £144 each, while another 150,000 will have their energy debt written off. The regulator found the firm guilty of failing to provide final bills and refund customer credit balances to prepayment meter customers.

E.ON Next also failed to make mandatory compensation payments of £30 or £60 under the Supplier Guaranteed Standards of Performance . Because they didn't receive a final bill, affected customers were unaware of the average £51 credit remaining on their accounts and were not automatically refunded. E. ON Next is set to pay a substantial package including £4.7 million in credit refunds, £6.6 million in compensation, and an extra £3.2 million to affected customers who have been difficult to trace. In such cases, E. ON Next has agreed to contribute additional sums to the Energy Industry Voluntary Redress Fund, which supports energy consumers, especially those in precarious circumstances.

Beth Martin, Ofgem's director for consumer protection and competition, commented on the matter: "Prepayment meter customers are more likely to face financial difficulties, and during a period where households have been facing a significant cost of living crisis, it’s unacceptable that consumers did not receive refunds for credit that was owed to them, or final bills they are entitled to.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

LiveLancs /  🏆 10. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia 'fines Google $20,000,000,000,000,000, -000,000,000,000,000,000' - more than all the money in...Russia 'fines Google $20,000,000,000,000,000, -000,000,000,000,000,000' - more than all the money in...The tech giant is facing claims from 17 Russian TV channels after banning their accounts on YouTube, which it owns, as a result of international sanctions.
Read more »

Major energy supplier pays out £144 compensation to 250,000 customers after failing to give final bills...Major energy supplier pays out £144 compensation to 250,000 customers after failing to give final bills...ENERGY FIRM CRISIS
Read more »

Next's 'excellent quality' premium 100% Merino wool jumperNext's 'excellent quality' premium 100% Merino wool jumperNext has launched the 'perfect' layering piece for autumn/winter
Read more »

£100m superstar, Europe's next big thing - City's next transfer options£100m superstar, Europe's next big thing - City's next transfer optionsManchester City will have to soon look for a successor to Kevin De Bruyne
Read more »

Fossil 'treasure trove' found at Isle of Wight landslip siteFossil 'treasure trove' found at Isle of Wight landslip siteIsle of Wight Council says the fossils date back more than 100 million years.
Read more »

Exclusive: Challenge Issues 100 Limited Edition Fango Tires With Orange SidewallExclusive: Challenge Issues 100 Limited Edition Fango Tires With Orange SidewallChallenge Tires resurrects the Fango from the dead (it is Halloween, after all). The Fango orange sidewall run is limited to only 100 tires.
Read more »



Render Time: 2025-02-21 11:11:05