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AAP
AAP
Kat Wong

Energy giant fined $14 million for misleading prices

EnergyAustralia Electricity Gina CassGottlieb Lukas Coch Australia
EnergyAustralia admitted it misrepresented the estimated annual price for an 'average' customer. (Lukas Coch/AAP PHOTOS)

One of Australia's biggest energy retailers has been ordered to pay $14 million as a penalty for misleading consumers about electricity prices.

EnergyAustralia has admitted it misrepresented the estimated annual price of its electricity for an "average" customer and failed to state the lowest possible price in communications sent to 566,000 people and in 27 electricity offers published online.

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