US EditionThousands on benefits could have energy debt cancelled
Ofgem’s relief scheme targets nearly 200,000 benefit recipients with energy debts over £100, aiming to write off up to £500 million and require some repayment effort.
- Ofgem has announced a new relief scheme that plans to write off up to £500 million in household energy bill debt, aiming to aid around 195,000 individuals.
- The average debt per household without a repayment plan is approximately £1,716, with total debts in England, Scotland, and Wales reaching £4.4 billion.
- Charlotte Friel from Ofgem stated that they aim to balance support for those who can pay while assisting those in need of debt relief.
- The first phase of this scheme will target individuals on means-tested benefits with debts exceeding £100 accrued during the energy crisis.
43 Articles
43 Articles
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Ofgem may have announced up to £500million in energy debt will be paid off for thousands of households, but MPs has slammed the efforts as "inadequate" amid the wider cost of living crisis.To pay for "debt relief scheme", the energy regulator has confirmed that households will be hit with a £5 hike to their energy bills which the the Energy Security and Net Zero (ESNZ) Select Committee has criticised for "barely scratching the surface". Househol…
Benefits claimants could have energy debt wiped - who qualifies and how to do it
Nearly 200,000 people on benefits could see their energy debts wiped out under new plans from Ofgem, the energy regulator. The proposal is part of a wider effort to bring down record household energy debt, which has climbed to £4.4bn after years of high prices. Ofgem said it intends to “reset and reform” how debt is managed across the sector, warning that rising arrears are putting pressure on both struggling customers and those who face higher …
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