Red Energy: AER Australian Energy Regulator : Red Energy pays $40 000 penalty for failing to inform customers of options and failing to obtain explicit informed consent

(4-traders.com) Energy retailer Red Energy Pty Limited (Red Energy) has paid penalties totalling $40 000 following the issue of two infringement notices by the Australian Energy Regulator in respect of alleged breaches of the National Energy Retail Law (Retail Law) and the National Energy Retail Rules (Retail Rules), by failing to inform customers...http://www.4-traders.com/news/AER-Australian-Energy-Regulator-Red-Energy-pays-40-000-penalty-for-failing-to-inform-customers-of--22050011/