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Evening Standard
Evening Standard
Business
Josie Clarke

Octopus Energy pays £1.5 million for prepayment meter billing errors

An iPad showing an Octopus account in Cheshire, England, UK (Alamy/PA) -

Octopus Energy is to pay £1.5 million in refunds and compensation after it failed to provide customers with final bills within six weeks, Ofgem has said.

The regulator found more than 34,000 prepayment meter customers between 2014 and October 2023 did not receive final bills within six weeks, as required under Ofgem’s rules.

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