Emergency help for energy bills announced by Ofgem

Emergency help for energy bills announced by Ofgem

The UK Energy regulator, Ofgem will introduce new rules from 15 December to help vulnerable customers struggling to pay their energy bills this winter.

Gas and electricity suppliers will be required to offer customers cannot top up prepayment meters emergency credit.

Where customers are in debt, suppliers must put them on "realistic and sustainable" repayment plans.

This comes as Ofgem are cutting the price cap on default tariffs and prepayment meters, due to falling gas wholesale prices, which means up to £95 lower energy bills for millions of people this winter.

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Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

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