prepayment

Households on prepayment meters will no longer pay more for their energy than those on direct debits, the chancellor is expected to announce this week.The "prepayment meter penalty" will end in July, saving more than four…

The government is preparing to replace a slate of Ofgem's directors this year as the energy regulator faces intense criticism over its handling of the prepayment meters scandal.Sky News understands that the Department for…

The energy regulator is consider fining firms and making them compensate customers if they did not follow rules around the installation of pre-paid meters. Ofgem has called on energy suppliers to check their recent forced and…

Ofgem has revealed that the end of forced installation of controversial energy prepayment meters only extends until the end of March.The watchdog said the date, that household energy suppliers had agreed to, also included a…

Energy suppliers have agreed to end the forced installation of prepayment meters in vulnerable customers' homes, the government has said.The move comes as an investigation revealed debt collectors working for British Gas…

Adani Enterprises Ltd. surged, leading gains in the group’s stocks after the conglomerate’s founders pre-paid some debt and traders covered short positions.The flagship’s stock rallied as much as 25%, while three of its peers jumped by…

A current employee in British Gas's debt recovery team has told Sky News that staff feel pressured to force the installation of prepayment energy meters on customers in debt.The employee, speaking on condition of anonymity,…

One thing the energy industry agrees on in theory - if not, it turns out, in practice - is that forcing prepayment meters on vulnerable customers is unacceptable. The widespread revulsion at British Gas debt collectors forcing…

The energy regulator Ofgem has asked suppliers to suspend the forced installation of prepayment meters and review their processes for dealing with customers who have fallen into arrears.Sky News understands the regulator made…

The energy company EDF has suspended the forced installation of prepayment meters while it reviews its processes for dealing with customers who fall into arrears on their accounts.The country's second-largest energy supplier,…