Origin Energy has been ordered to pay $17.6 million after admitting to breaches of Victoria’s energy rules that affected nearly 670,000 customers. The record penalty, handed down in the Victorian Supreme Court, marks the largest financial penalty for breaches of energy rules in the state’s history. Widespread Customer Impact The breaches, which occurred between December 2021 and May 2023, affected customers across multiple categories: Justice Michael Osborne emphasized that the penalty needed to have “sufficient sting” to deter future violations. He noted that without penalties of “sufficient magnitude,” other energy retailers might lower their compliance standards to save costs. Regulator … Continue reading Origin Energy Fined $17.6M for Violations Impacting Nearly 670,000 Customers