British Gas has written to its customers with more details for how the cost of living energy payments will be made. Payments will start in October as part of a cost of living package of measures announced earlier this year by the Government.
and will see households will see a discount of £66 applied to their energy bills in October and November, rising to £67 each month from December through to March 2023. The Government confirmed that households would to start receiving £400 off their energy bills from October, with the discount made in 6 instalments to help families throughout the winter period. The scheme will provide energy bill discounts to 29 million households across Great Britain.
"If your Direct Debit is less than £67 a month, say £50 for example, £50 will be refunded to your bank account and the remaining £17 will be applied as credit to your energy account." It said that cash/cheque customers will have the discount applied to their energy account balance each month. British Gas added that there is no need to apply for the scheme and the money will not need to be repaid. It will also not affect customers' credit ratings in any way.
Why being paid in installments,instead of one payment?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
50 ways to cut energy bills before huge October price cap riseBleak predictions on price cap rises have been published
Source: nottslive - 🏆 96. / 52 Read more »
Belfast cafe owner struggling to stay open as energy bills riseA cafe owner in West Belfast has spoken about struggling to keep the doors open as energy bills continue to rise. Try doing cold stuff like sandwiches salads cakes buns. It's what people can afford.
Source: BelfastLive - 🏆 16. / 77 Read more »
Energy bills could spike to £6,000 next year, experts warnGas and electricity bills are set to soar by more than threefold from an already record level, affecting millions of struggling families. This would lead to riots in the streets of cities. So who gets all the extra money for supplying what they all ways supplied from basically a hole in the ground that was drilled for and funded on previous market rate’s? Just so we know who the enemy is. It’s now getting absurd. The government needs to GET A GRIP!
Source: LBCNews - 🏆 75. / 59 Read more »
50 ways to help cut energy bills before OctoberExperts at Cornwall Insight predict an alarming jump of almost 82% to £3,582 in October
Source: leedslivenews - 🏆 118. / 51 Read more »
Boss gives ALL 431 staff a £200 a month bonus to help with rising energy billsA BOSS is giving all his 431 staff £200 a month to help with their energy bills until further notice. Daron Hutt runs phone systems company 4Com which topped The Sunday Times 100 Best Companies lis… 👏👏👏
Source: TheSun - 🏆 64. / 61 Read more »
Cost of living: UK facing 'public health emergency' if action not taken on energy bills, NHS chiefs warnFamilies are looking ahead to a grim winter as experts predict the cap on energy bills will hit close to £3,600 per year from October - before rising again in April next year. Stop paying inflated monthly prices giving the companies multi millions in interest payments. Put money aside and just pay for what you use ..your welcome 👍 Won't pay because I can't. Seriously. How the hell are the disabled and elderly supposed to find an extra £400pm let alone those on low incomes. Absolutely shocking Those without families are also looking at a grim winter too. Stop with all the ‘family’ only focus!!!!!!😡 Pronatalism
Source: SkyNews - 🏆 35. / 67 Read more »