Households across the UK are currently struggling with their monthly bills due to the cost of living crisis. The government has already offered help, such as food vouchers for families and other helpful programs. The latest scheme is to offer help with energy bills.
Discover our latest podcast
£400 for energy
As reported by Sky News, a £400 discount will be offered by energy suppliers for 6 months. The scheme will begin in October. The goal is to offer financial support during the winter months.
This scheme will be available for all households in England, Wales and Scotland. Despite this extra help, MPs believe that millions of people in the UK will face ‘unmanageable debt’ if the government doesn’t pitch in more.
How does it work?
According to Sky News, under the Energy Bills Support Scheme, households with a domestic electricity meter point and which pay their energy bill with a standard credit, payment card and direct debit will automatically receive a £400 deduction on their bills.
Those who have a traditional prepayment meter will receive Energy Bill discount vouchers during the first week of every month via text message, email or post. Those using this method will have to redeem their voucher at a local PayPoint or Post Office branch.
Read more:
⋙ Having money anxiety? Here's how to cope
⋙ You can save £60 a month with this simple trick with your fridge
⋙ Save 50% on electricity by using this simple setting on your washing machine