28/11/2014

Energy Firm Hit With New Record Fine

Energy regulator Ofgem has fined two energy generation companies a total of £39 million for their failure to meet energy saving targets for low-income households.

North Yorkshire-based Drax has been fined £28m – the largest fine ever handed down by the regulator – and InterGen were fined £11m.

Ofgem said both companies failed to meet the requirements laid out by the Community Energy Saving Programme (CESP), part of the government's Home Energy Saving Programme. Both schemes ran until the end of 2012.

It is understood Ofgem are still to make decisions on a number of other energy firms including British Gas, SSE, Scottish Power, and GDF/Suez.

(MH/JP)

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