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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

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

Hands holding a smartphone with the Ovo Energy logo on it
Ofgem says any Ovo customers who are due to receive credit or debt write-off payments will be contacted by the firm. Photograph: Rafael Henrique/Sopa Images/Rex/Shutterstock

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 rules designed to protect customers in vulnerable situations. ​​

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