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French Owned Energy Company Facing Fine Worth More Than 4 Million

French Owned Energy Company Facing Fine Worth More Than 4 Million Currently the news which is creating a buzz in UK streets is French-owned energy company will pay out 3.5m to vulnerable customers rather than face larger fine. EDF the Britain’s largest electricity supplier will pay back a paltry 50 to households who were mis-sold contracts on the doorstep. A donation of 1m will also make to Citizens Advice for energy advice campaign. The French-owned energy giant admitted door-to-door staffs were not trained to give customers all the information they needed. The power group said it would pay out 3.5million to the poorest households it supplies.

The firm saw a spike in complaints last year after it introduced a new billing system in August which was blighted with problems. The supplier later admitted overcharging 100,000 customers over 200,000 – the result of a seven-year fault on the company’s automated telephone meter reading system. The French-owned energy giant also agreed to pay 1million to an energy awareness campaign run by Citizens Advice. The sum comes to only 50 for each of the 70,000 homes judged to be ‘needy’ by the firm. The largest penalty payout ever demanded from an energy firm …