Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default tariffs, Britain's energy market regulator Ofgem said on Thursday.
The payment by Shell Energy Retail Ltd includes a refund of 106,000 pounds to 11,275 prepayment customer accounts as well as 400,000 pounds to Ofgem's voluntary consumer redress fund.
($1 = 0.8454 pounds)