London: British Gas Owner to Pay $27 Million After Prepayment
British Gas owner Centrica has agreed to pay £20 million (around $26.7 million) into a redress fund after regulators uncovered serious failings in how it installed prepayment meters in customers’ homes without proper consent. The decision follows an investigation by Ofgem, which found that vulnerable customers were disproportionately affected by the practice. Regulator Finds Serious…