Octopus Energy to pay out £1.5m over thousands of bill errors

Octopus Energy to pay out £1.5m over thousands of bill errors

Supplier failed to issue final bills to 34,000 prepayment customers who stopped using it, Ofgem finds

The energy regulator has ordered Octopus Energy to pay £1.5m in refunds and compensation, after an investigation found thousands of errors on prepayment meter bills.

An investigation by Ofgem found Octopus failed to issue final bills to 34,000 prepayment customers who transferred to another supplier or terminated their contract within the required six-week period, between 2016 and October 2023.

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