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Ofgem plans to limit the prices that can be charged by Britain’s six major distribution companies in a drive to lower electricity bills by £12 a ye
Ofgem said that British Gas made exaggerated claims to lure more customers to switch.
Ofgem, the energy regulator, ordered big six energy firms to return £400million from closed accounts.
Energy Secretary Ed Davey has written to Ofgem to investigate the profits being made by the “Big Six†energy companies.
Gas and electricity supplier SSE has been fined £10.5million by the regulator Ofgem for misleading people about how much they could save.
Scottish and Southern Energy, or SSE, have been fined over mis-selling.
There are warnings that the UK could face a hike in fuel bills if more energy is imported
The energy regulator Ofgem has given the go-ahead for electricity distribution firms to increase their charges by 1.3 per cent next year.
