FULL OF GAS
These consumers will be given a new supplier, that means extra hassle for them with the costs passed onto customers. Speaking from personal experience, my supplier “Green Energy Network” went bust last year and we were switched over to EDF. An unfortunately timed problem with the meter itself during this period, left us in limbo as we waited for a new account to be registered and set up, which too several weeks. We finally got there and it wasnt a major problem, but it wasnt “straight-forward”.
OFGEM added that it is working closely with the Government to manage the wider implications of the global gas price increase and it is not thought that this will lead to a complete halt in supply. Make of that what you will, I’m yet to be convinced that the current Government could successfuly manage a raffle.
As such there is no better time to see if you qualify for the Warm Home Discount Scheme, which could ensure some people are £140 better off. To find out, people can speak to their energy supplier, most of them are signed up to the scheme if they have 250,000 customers or more. More than two million UK households should qualify for this rebate on their energy bills this year and it’s important to get in touch with them early as there is only a limited amount of people energy companies can help.
What I might suggest is that you get on with reviewing your gas supply. I would recommend having a look at Martin Lewis’ website www.moneysavingexpert.com where you can do a search. If you want a £50 discount off Octopus, here is a code that you can use (I get £50 too) but do your own research about what is best for your usage. Here is the link: https://share.octopus.energy/tulip-shark-521.
Long story short, make a record and update your spending plan – either just let us know with an email, or update your information within our secure portal.
You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email email@example.com