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Date Time Sumo Power to pay $1.2 million for misleading electricity plans The Federal Court has declared by consent that Sumo Power Pty Ltd (Sumo) made false or misleading representations in selling electricity plans to Victorian consumers and ordered it to pay $1.2 million in penalties, and to pay consumer redress to affected consumers. Sumo admitted that between June and December 2018, it had misled consumers about how much they would pay for their electricity if they switched to Sumo, in breach of the Australian Consumer Law. The Court declared by consent that Sumo had offered cheap rates and high ‘pay on time’ discounts to entice consumers to sign up to certain electricity plans, when in fact Sumo planned to, and did, materially increase the rates paid by customers who had received one to three monthly bills.

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