Origin Energy will compensate thousands of customers nationwide up to 60 dollars each per household after an Australian Competition and Consumer Commission investigation into billing practices found its "Ongoing Saver" electricity plan gave inaccurate savings estimates.
The regulator confirmed customers were misled about potential savings relative to standard rates according to the findings.
The total refund amount is 270,000 dollars, which amounts to a significant payout for the company.
Affected customers will be given payments automatically without having to submit claims soon.