£400m in closed energy accounts

Press Association
File photo dated 22/10/13 of an Ofgem sign as the regulator has called on energy suppliers to return money to former customers after finding that the companies hold more than ?400 million in credit from closed accounts. PRESS ASSOCIATION Photo. Issue date: Friday February 28, 2014. The regulator found large companies hold at least ?202 million from around 3.5 million former domestic customers and ?204 million from 300,000 business accounts, saying it
File photo dated 22/10/13 of an Ofgem sign as the regulator has called on energy suppliers to return money to former customers after finding that the companies hold more than ?400 million in credit from closed accounts. PRESS ASSOCIATION Photo. Issue date: Friday February 28, 2014. The regulator found large companies hold at least ?202 million from around 3.5 million former domestic customers and ?204 million from 300,000 business accounts, saying it

%VIRTUAL-SkimlinksPromo%Britain's biggest energy firms have been told by the regulator Ofgem to refund former customers more than£400 million held in closed accounts.

Consumer groups said it was "shocking" that the "Big Six" gas and electricity suppliers had kept such large sums and urged them to return the money as possible.