Newspaper article The Evening Standard (London, England)

Six Energy Firms Face Heavy Fines for Missing Efficiency Goals

Newspaper article The Evening Standard (London, England)

Six Energy Firms Face Heavy Fines for Missing Efficiency Goals

Article excerpt

Byline: Lucy Tobin

from their licences in the UK, and British Gas's sales in the UK alone last year were [pounds sterling]9 billion.

The fines, however, are unlikely to reach that maximum level: Ofgem pointed out that after the December 2012 deadline some firms had continued installing energy-saving measures in British homes, and that would be taken into account when determining fines.

blow "Ofgem reminded the industry in September 2012 that companies risked facing enforcement action if they failed to meet their energy efficiency targets," the watchdog said today.

Sarah Harrison, Ofgem's senior partner in charge of enforcement, added: "The fact that the industry has delivered 99 per cent of its Government energy efficiency targets is to be welcomed.

"However, Ofgem's role is to ensure that consumers do not lose out by the failure of firms to deliver all the help required or are not disadvantaged by late delivery."

SIX of the UK's biggest energy providers and suppliers including British Gas, SSE and Drax could be fined more than [pounds sterling]1 billion after failing to meet energy efficiency targets. …

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