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The payout includes £231,000 of credit remaining on accounts when they were closed, energy regulator Ofgem has said.
Octopus had agreed to pay a total of £1.483 million in compensation and redress, an average £43 per affected customer.
Octopus Energy pays £1.5 million for prepayment meter billing errors - Ofgem found more than 34,000 prepayment meter ...
Octopus Energy founder Greg Jackson accuses opponents of "gaslighting" in a fierce lobbying battle over the UK's power market ...
European stock markets began the week with a mixed and directionless tone, as investors navigated a complex landscape of new ...
The UK’s largest electricity supplier, Octopus Energy Group Ltd., is planning to separate its Kraken Technologies Ltd.
Britain's Octopus Energy is close to hiring bankers to oversee a 10-billion-pound ($13.7 billion) separation and stake sale of its technology arm Kraken Technologies, Sky News reported on Saturday, ...