British Gas sends 100k households letters about | European Markets

The British Gasoline Power Belief includes two funds – the British Gasoline Power Assist Fund (ESF) and The Particular person and Households Fund (IFF). The important thing distinction between the 2 is that the previous is completely for British Gasoline clients, whereas the latter can also be open to non-British Gasoline clients.

The British Gasoline Power Assist Fund can present up to £2,000 in vitality debt reduction, whereas the Particular person and Households Fund presents grants value up to £1,700. Each funds can be found to households in England, Wales and Scotland who pay for his or her vitality by a prepayment meter or direct debit.

Candidates should reveal that they’re experiencing fuel poverty, outlined by the federal government as having to spend a giant portion of income on home heating. Prepayment meter clients with an vitality debt between £50 and £1,700 can apply for a grant by the IFF, whereas these paying by way of direct debit should have a debt of £250 to £1,700.

A number one vitality provider is offering struggling households grants of up to £2,000 to cowl payments, as new figures reveal hundreds are lacking out. The help is supplied by the British Gasoline Power Belief (BGET), and functions are open even to non-British Gasoline clients.

Households in England, Wales and Scotland which can be in vitality debt or going through financial hardship can apply. As much as £2,000 value of vitality debt may be cleared, relying on particular person circumstances.

Nevertheless, current information from British Gasoline reveals that grant functions have almost halved in comparison with final winter. Between November 2023 and January 2024, BGET obtained 3,518 functions, however only one,574 between final November and January 20.

The present funding spherical is anticipated to stay open till the beginning of summer time, so there’s nonetheless time to use. From Thursday, British Gasoline will ship out 100,000 letters to UK households reminding them they may very well be eligible for help.

This extra help may show helpful, particularly as vitality payments have elevated for thousands and thousands due to the Ofgem price cap. The average family with typical utilization has seen their payments rise from £1,717 a yr to £1,738 a yr, or 1.2%.

To qualify for the ESF, you have to be a prepayment meter buyer with an vitality debt of at the very least £50, or a direct debit buyer with a debt of £250 or more. Help from a money advice or steerage company like Residents Recommendation within the final six months can also be required.

Purposes and additional data may be discovered at: www.britishgasenergytrust.orgU.Ok./who-can-apply. If eligible, any funds obtained shall be credited to your account, not paid in money.