Brief: Ofgem Says British Gas To Pay 20 Mln Stg Into Ofgem's Voluntary Redress Fund

Centrica

15/05/2026 07:19

May 15 (Reuters) - Centrica PLC CNA.L:

OFGEM  - BRITISH GAS SETTLEMENT ENDS OFGEM INVESTIGATION

OFGEM: HAS CLOSED ITS INVESTIGATION INTO BRITISH GAS

OFGEM: OFGEM'S INVESTIGATION CONCLUDED THAT BRITISH GAS FAILED TO MEET STANDARDS REQUIRED OF AN ENERGY SUPPLIER

OFGEM: BRITISH GAS HAS AGREED TO PAY £20 MILLION PAYMENT INTO OFGEM'S VOLUNTARY REDRESS FUND

OFGEM: BRITISH GAS BREACHED LICENCE CONDITIONS SPECIFICALLY DESIGNED TO PROTECT CUSTOMERS IN VULNERABLE SITUATIONS

OFGEM: BRITISH GAS HAS ALSO AGREED TO A SETTLEMENT PACKAGE

OFGEM: BRITISH GAS HAS AGREED TO WRITING OFF UP TO £70 MILLION OF ENERGY DEBT FOR VULNERABLE CUSTOMERS UNDER SETTLEMENT PACKAGE

Source text: ID:nRSO3989Ea

Further company coverage: CNA.L

 ((Reuters.Briefs@thomsonreuters.com;))