Australia's AGL Energy faces $15 mln fine for energy retail rules breach

AGL Energy

19/12/2024 24:25

Dec 19 (Reuters) - AGL Energy  AGL.AX  said on Thursday
it has been fined A$25 million ($15.51 million) by the Federal
Court for failing to notify and refund around 500 customers on
time for Centrepay payments, with the Australian retailer
considering an appeal.

    ($1 = 1.6124 Australian dollars)
    
    

 (Reporting by Roshan Thomas in Bengaluru; Editing by Sherry
Jacob-Phillips)
 ((Roshan.Thomas@thomsonreuters.com;))