From October 1, energy bills will soar as the new price cap hits £2,500 a year for the average household
While the energy price guarantee freezes energy costs at this price, millions of households are still considered as this is higher than what we have had before and the cost of living is continuing to rise.
In a bid to help homes with their energy bills, the UK Government will issue monthly payments starting from October as part of the £400 Energy Bills Support Scheme.
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Every household in the UK will receive a discount on their electricity bill- as this is most commonly used. The £400 will be distributed in six instalments beginning in October this year with payments starting from October 1.
There will be a £66 discount applied automatically in October and November and this will then rise to £67 a month from December through to March 2023. This will not affect any other benefit or payment you receive.
If you pay via Direct Debit, this will be taken off your bill automatically or refund the money to your bank account each month.
Those on smart prepayment meters, the discount will be added directly to your smart meter in the first week of each month and if you have a traditional meter, you’ll get a voucher from your supplier via text message, email or post each month. each month. These can be redeemed at paypoints.
If you pay on receipt of bill, you will have a credit added to your account in the first week of the month. You do not need to apply, or pay it back and it is automatically being issued by your energy provider.
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