UK energy suppliers to spend £500m to cushion pain of rising bills

UK energy suppliers to spend £500m to cushion pain of rising bills

Utilities, Energy bills, Household bills, Money, UK news, Consumer affairs, Energy industry, Politics, Business, UK cost of living crisis Business | The Guardian

​Exclusive: Government helps to broker deal involving 12 suppliers following winter fuel payment cuts Business live – latest updatesEnergy suppliers will spend £500m helping customers with their energy bills this winter, after the government helped broker a deal involving 12 of the biggest companies in the UK.Suppliers will spend the money in a variety of ways, including putting credit on some customers’ bills, writing off the debts of others and putting credit on prepayment meters, according to sources familiar with the deal. Continue reading… 

Exclusive: Government helps to broker deal involving 12 suppliers following winter fuel payment cuts

Energy suppliers will spend £500m helping customers with their energy bills this winter, after the government helped broker a deal involving 12 of the biggest companies in the UK.

Suppliers will spend the money in a variety of ways, including putting credit on some customers’ bills, writing off the debts of others and putting credit on prepayment meters, according to sources familiar with the deal.

Continue reading… 

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