New Zealand:
Origin Companies fined for false and misleading representations
Going to Market - consumer law update
22 March 2015
Chapman Tripp
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The Federal Court has ordered by consent that Origin Energy Ltd
and two of its subsidiaries (Origin) pay penalties totalling
$325,000 for making false or misleading representations concerning
the level of discount that residential consumers would receive
under the DailySaver energy plan.
The rates used to calculate usage charges under the DailySaver
energy plan, to which the discount applied, were higher than the
rates under Origin's subsidiaries' standard retail
contracts. As a result, consumers who signed up to the DailySaver
energy plan effectively received a reduced discount.
Link:
Origin companies fined for false and misleading
representations
The information in this article is for informative purposes
only and should not be relied on as legal advice. Please contact
Chapman Tripp for advice tailored to your situation.
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