Customers should see their energy bills become less pricey this winter after energy regulator Ofgem announced a new price cap. The energy price cap will be cut to £1,923 from October 1.
While many will be relieved to see to cap reduced, government support to supplement energy bills will not be available this winter, meaning a large number of households are still feeling anxious ahead of the cooler months. Gas is set to drop from 8p per kilowatt hour (kWh) to 6.89p while electricity will drop from 30.1p per kWh to 27.35p, reports the Manchester Evening News.
The previous government grant reduced bills by between £66 and £67 per month between October and March, 2022. Ofgem chief executive Jonathan Brearley said: “It is welcome news that the price cap continues to fall, however we know people are struggling with the wider cost-of-living challenges and I can’t offer any certainty that things will ease this winter.”
Fortunately, many groups of people will still receive some financial support throughout Autumn and Winter which could help ease the cost of energy bills. We've broken down all the payments being issued in the coming months...
£300 Cost of Living Payment
Millions of households are set to receive £300 this autumn as part of a government package. No date for the payment or qualifying date has yet been announced, however, it has been confirmed payments will be issued some time in the autumn period.
In order to qualify, recipients must have received a payment for one of the following means-tested benefits:
- Universal credit
- Income-based jobseekers allowance
- Income-related employment and support allowance
- Income support
- Pension credit
- Working tax credit
- Child tax credit
Payments will be made automatically so there is no need to apply or contact the DWP or HMRC.
Winter Fuel Payment
Brits born before September 25, 1957, could receive between £250 and £600 in order to help pay for their heating throughout the winter months. Eligible claimants will receive a letter in October or November which tell them if they are eligible and how much Winter Fuel Payment they will get.
The amount a recipient will get will depend on when they were born and their circumstances during the qualifying week between September 18 to September 24, 2023. If you live alone or no one you live with is eligible for the Winter Fuel Payment you will get:
- £500 if you were born between 25 September 1943 and 24 September 1957
- £600 if you were born before 25 September 1943
If you don't claim any benefits, you could get:
- £250 if you and the person you live with were both born between 25 September 1943 and 24 September 1957
- £250 if you were born between 25 September 1943 and 24 September 1957 but the person you live with was born before 25 September 1943
- £350 if you were born before 25 September 1943 but the person you live with was born between 25 September 1943 and 24 September 1957
- £300 if you and the person you live with were both born before 25 September 1943
If you jointly claim benefits with your partner, then one of you will get:
- £500 if both of you were born between 25 September 1943 and 24 September 1957
- £600 if one or both of you were born before 25 September 1943
Meanwhile, if you receive a benefit that is not part of a joint claim, then you will get:
- £500 if you were born between 25 September 1943 and 24 September 1957
- £600 if you were born before 25 September 1943
The money received from the Winter Fuel Payment will be bundled with the Pensioner Cost of Living Payment that will also be handed out in winter.
Pensioner Cost of Living Payment
The Pensioner Cost of Living Payment will come in the form of up to £300 as an increase to the Winter Fuel Payment. Eligiblity for the Pensioner Cost of Living Payment will be the same as the Winter Fuel Payment as they will be issued together, therefore, you will receive a letter in October or November telling you of your eligibility status and how much you will receive.
Cold Weather Payment
The Cold Weather Payment is issued by the DWP for when the average temperature in your area is recorded or forecasted to be recorded at zero degrees celsius or lower across a seven-day period. For each period where temperatures meet the criteria, you will receive £25.
Payments will be issued between November 1, 2023 and November 1, 2024. In order to be eligible for the payment, you must claim one of the following benefits or support:
- Pension Credit
- Income Support
- income-based Jobseeker’s Allowance
- income-related Employment and Support Allowance
- Universal Credit
- Support for Mortgage Interest
https://news.google.com/rss/articles/CBMiWGh0dHBzOi8vd3d3Lm5vdHRpbmdoYW1wb3N0LmNvbS9uZXdzL2Nvc3Qtb2YtbGl2aW5nL2R3cC1jb3N0LWxpdmluZy1wYXltZW50LWRhdGVzLTg3MDY1NTTSAVxodHRwczovL3d3dy5ub3R0aW5naGFtcG9zdC5jb20vbmV3cy9jb3N0LW9mLWxpdmluZy9kd3AtY29zdC1saXZpbmctcGF5bWVudC1kYXRlcy04NzA2NTU0LmFtcA?oc=5
2023-08-26 06:41:58Z
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