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Violation Tracker UK Individual Case

Company: Scottish Power Energy Retail Limited
Current Parent CompanyIberdrola
Parent at the Time of the Penalty Announcement: Iberdrola
Penalty: £750,001
Year: 2014
Date: 2 July, 2014
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Scottish Power paid a £1 penalty and £750,000 consumer redress to Energy Best Deal in settlement of a finding by Ofgem that the company violated licence conditions that contracts with different payment methods should have different terms and conditions of payment reflecting the actual costs to the supplier of the different payment methods.
Action Type: agency action
Settlement Type: settlement with Ofgem
Agency: Office of Gas and Electricity Markets
HQ Country of Parent: Spain
Ownership Structure of Parent: publicly traded
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: utilities
Source of Data(click here)