British Gas have explained how their customers will receive their £400 cost of living payment.
Millions of households will receive the Energy Bill Support Scheme (EBSS) to help with rising energy bills this winter. Under the scheme households will receive £400 which will be paid over six months, starting from October 2022.
Energy giants British Gas said its customers will get the following each month: October £66, November £66, December £67, January 2023 £67, February £67, March £67. In an email to its customers, British Gas said Direct Debit customers will get the discount straight in their bank account each month - like a refund - once their Direct Debit payment has gone through, reported Hull Live.
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The company said: "For example, if your Direct Debit is £100 a month, you'd pay that as normal. Then a few days later, £67 will be paid in to your bank account. 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.
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