iTWire - NZ Commerce Commission warns Genesis Energy over bu

iTWire - NZ Commerce Commission warns Genesis Energy over business billing errors


iTWire
Monday, 10 May 2021 12:54
NZ Commerce Commission warns Genesis Energy over business billing errors
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New Zealand’s competition enforcement agency The Commerce Commission has issued a warning to power company Genesis Energy about billing errors concerning electricity line charges to business customers. 
Genesis Limited reported the errors to the Commission, which said in a statement on Monday that it considers that Genesis is “likely to have breached” the Fair Trading Act when, between February 2014 and July 2020, it issued invoices that displayed inaccurate multipliers applied in respect of some electricity line ‘fixture charges’.
As a result, Genesis misrepresented the total price to be paid for the electricity services provided to affected business customers, the Commission said in its statement.

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