British Gas settles prepayment meter probe for £20m

TL;DR

British Gas settles prepayment meter probe for £20m British Gas hit with £90mn in penalties over pre-payment meters British Gas has agreed to pay £20m into a redress fund to settle an investigation by the regulator into the forced fitting of prepayment meters. Three years ago it emerged that debt agents working for British Gas had broken into the homes of vulnerable customers to fit prepayment energy meters. The regulator Ofgem said British Gas, which has apologised for the scandal, would also write off up to £70m of vulnerable customers' energy debt, some of which could be used as compensation.