Big 6 must repay £400m they wrongly retain: Ofgem.

Guardian: “The big six energy companies will be ordered by the energy regulator to hand back an estimated £400m held in closed customer accounts.”
“In the latest broadside against the UK’s energy companies, Ofgem‘s chief executive Andrew Wright is expected to tell the six largest power suppliers to do the right thing and ensure customers get their money back.
Ofgem is understood to believe the big six – Centrica‘s British Gas, EDF EnergyRWE NpowerSSE, Eon and Scottish Power – hold up to £400m in millions of accounts closed after customers switched suppliers or moved home.”