OVO Energy faces £2.7m payout after Warm Home Discount delay — what vulnerable customers get now
22 January 2026
2 mins read

OVO Energy faces £2.7m payout after Warm Home Discount delay — what vulnerable customers get now

London, 22 January 2026, 18:05 GMT

  • Ofgem has directed OVO Energy to pay £2,765,200 in compensation following delays in Warm Home Discount rebate payments
  • In November 2025, 11,646 customers finally received the £150 rebate—over 19 months past the March 31, 2024 deadline
  • Customers who are medically vulnerable will get an extra £150, plus extra payments for certain prepayment meter users

Ofgem hit OVO Energy with a £2,765,200 compensation order on Thursday for missing the deadline on Warm Home Discount rebates. The £150 credits weren’t applied to 11,646 qualifying customers until November 2025—over 19 months late from the March 31, 2024 cutoff. 1

The Warm Home Discount (WHD) offers a statutory rebate on winter electricity bills aimed at low-income households and those at risk from cold-related illnesses. Administered by Ofgem for the government, Ofgem warned that such lengthy delays risk leaving vulnerable people without crucial support during the coldest months.

OVO ranks as Britain’s fourth-largest gas and electricity supplier. It claims to serve over 4 million customers through its retail brands, playing a significant role in providing bill support that depends on suppliers instead of direct government aid. 2

Ofgem reported that 7,726 customers impacted were listed on the Priority Services Register (PSR), a free service identifying those who might require additional help from their energy provider. Additionally, 4,066 people were classified as medically vulnerable.

The regulator announced that all affected customers will get £150, with an extra £150 for those medically vulnerable. Customers will also receive £100 for each “self-disconnection” episode between March 31 and May 31, 2024—when their prepayment meter runs out due to no funds to top up. 3

Neil Lawrence, director of delivery and schemes at Ofgem, described the discount as “a vital source of support” and warned the watchdog is “prepared to take strong action” against suppliers who miss their deadlines.

OVO said it had worked closely with Ofgem to pinpoint the issues and apologised to customers. A spokesperson described the company as “very sorry” and said it had introduced measures to ensure the problem “does not happen again.” They added that customers affected have now received compensation. 4

Ofgem said OVO missed the deadline due to an internal error and that the company reported the issue themselves last year. The regulator confirmed customers have been contacted and don’t need to take any action to get the payments.

The WHD is provided by participating suppliers, with the government naming companies like British Gas, EDF, and Octopus Energy as part of the scheme. 5

Ofgem has previously issued redress orders. Back in June 2025, it announced that Utilita would hand over around £277,000 after missing the March 31 deadline for payments to more than 4,000 customers. 6

The case highlights a real vulnerability in support schemes that rely heavily on back-office systems and data sharing between companies and the government. Ofgem said it will continue to oversee supplier compliance and expects rebates to be delivered on schedule “when consumers need them most” this winter.

Stock Market Today

Bradesco stock drops on 2026 guidance — what BBDC4 investors watch next week

Bradesco stock drops on 2026 guidance — what BBDC4 investors watch next week

7 February 2026
Bradesco’s preferred shares fell 2.55% to 20.61 reais Friday after the bank issued 2026 guidance pointing to slower growth in some areas. Fourth-quarter recurring net income rose 20.6% to 6.5 billion reais, with 2025 ROAE at 15.2%. The Ibovespa closed up 0.45%. Bradesco ADRs ended down 0.5% at $3.98 in New York.
Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

7 February 2026
Stellantis shares plunged 23.7% to $7.28 Friday after the company disclosed about €22.2 billion in charges tied to a reset of its electric-vehicle strategy and said it will skip its 2026 dividend. The automaker flagged a preliminary net loss of €19–21 billion for the second half of 2025. Shares rose 1.6% in late after-hours trading. Investors await Feb. 26 results and a May 21 Investor Day.
Intel stock jumps on China server CPU delays as traders map the week ahead

Intel stock jumps on China server CPU delays as traders map the week ahead

7 February 2026
Intel shares rose 4.87% to $50.59 Friday, trailing gains by Nvidia and Broadcom as chip stocks rallied. Sources said Intel and AMD warned Chinese customers of longer waits and higher prices for some server CPUs, with Intel lead times reaching six months. Intel said China accounts for over 20% of its revenue. Investors await key U.S. jobs and inflation data next week.
IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

7 February 2026
IRS staffing has dropped to 2021 levels as the 2026 tax filing season begins, according to a Treasury watchdog. The agency faces a backlog of about 2 million returns, 129% above pre-pandemic levels. Most e-filers using direct deposit still get refunds within 21 days, but paper filings and amended returns could see delays. The IRS lowered its call-answer target to 70% for this season.
FedEx stock gets fresh Argus ‘Strong Buy’ as analysts spar over freight spin-off
Previous Story

FedEx stock gets fresh Argus ‘Strong Buy’ as analysts spar over freight spin-off

ServiceNow stock climbs as OpenAI tie-up keeps AI agents in focus ahead of earnings
Next Story

ServiceNow stock climbs as OpenAI tie-up keeps AI agents in focus ahead of earnings

Go toTop