The government has announced this morning how all households will receive £400 to help with rising fuel bills this autumn.
The £11.7 billion scheme forms part of the £37 billion cost of living assistance package for consumers over winter 2022 to 2023
All households with a domestic electricity connection in Great Britain are eligible for the £400 discount and there is no need to contact energy suppliers concerning this.
The £400 discount will be administered by suppliers and paid to consumers over 6 months with payments starting from October 2022, to ensure households receive financial support over the winter months
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 discount will be provided on a monthly basis regardless of whether consumers pay monthly, quarterly or have an associated payment card
Direct Debit customers will receive the discount automatically as a reduction to the monthly Direct Debit amount collected, or as a refund to the customer’s bank account following Direct Debit collection during each month of delivery
Standard credit customers and payment card customers will see the discount automatically applied as a credit to standard credit customers’ accounts in the first week of each month of delivery, with the credit appearing as it would if the customer had made a payment
Smart prepayment meter customers will see the discount credited directly to their smart prepayment meters in the first week of each month of delivery
Traditional prepayment meter customers will be provided with redeemable vouchers or Special Action Messages (SAMs) in the first week of each month, issued via SMS text, email or post. Customers will need to take action to redeem these at their usual top-up point.
