Elderly people urged to sign up to new scheme that can secure a £140 discount on their energy bills
- For many, an automatic discount of £140 will be applied by energy suppliers
- But millions eligible for the rebate need to take action to secure it
A vital scheme launches tomorrow that helps elderly people meet the cost of energy bills every winter, known as the Warm Home Discount.
For many, an automatic discount of £140 will be applied by energy suppliers to electricity bills anytime between now and March next year – but millions eligible for the rebate need to take action to secure it.
Peter Earl, head of energy at comparison website comparethemarket, says: ‘The Warm Home Discount is a financial lifeline for elderly people who will struggle to afford to heat their homes this winter. But not all suppliers offer the discount.’
Warm Home Discount: Millions are eligible for the rebate, but need to take action to secure it
The vast majority of energy companies are signed up to the scheme, but dozens of smaller suppliers are not – affecting around 100,000 customers. People in this category should switch suppliers to a cheaper deal with a company that offers the discount.
They need to apply to the new supplier to get it. A full list of those participating can be found online at gov.uk/the-warm-home-discount-scheme/energy-suppliers.
Automatic deductions from bills are awarded to a ‘core group’ of customers – those receiving the ‘guarantee credit’ element of Pension Credit. This benefit tops up income to a minimum level for people of State pension age.
Others fall into the ‘broader group’ and need to apply directly. For example, people on low incomes, in receipt of certain means-tested benefits such as income support or child tax credits, and who are looking after young children.
Discounts for this group may be limited so customers are advised to contact their suppliers at the earliest opportunity. If you are in the core group but do not receive a letter about the discount by December 6 call the helpline – which opens tomorrow – 0800 731 0214.
QUICK MONEY SAVER: CAN YOU CUT YOUR BILLS?
If your energy company is not signed up to the Warm Home Discount scheme it is worth switching to an energy supplier that is.
The savings will be even greater for those who have stuck with the same supplier for a while.
Energy firms are constantly battling to pinch customers from each other.
Shrewd consumers can take advantage of this by reviewing deals every year to ensure they are on the cheapest deal. Even moving every other year will save you significant amounts.
You only need to be interested in the tariff that is going to be cheapest where you live, so do your own postcode comparison in minutes using the tool above - or here - to find the best price.
Once you have found a cheaper price, if you are eligible for the Warm Home Discount check that the energy company is signed up here, before you switch to ensure you receive the £140 discount.
Read more about other quick tricks to make sure you are getting the best deal on your household bills here
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