Npower slapped with £2.4m levy

Npower has been fined £2.4 million by the energy watchdog for “systematic failings” after missing a deadline to roll out advanced meters to a raft of business customers.

Ofgem said the company failed to install advanced meters for electricity business customers at nearly 4,000 meter points by the April 2014 deadline while it also wrongly installed about 200 traditional meters.