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The Warm Home Discount | Octopus Energy The Warm Home Discount: 2022 / 2023 updates Energy explained What is the Warm Home Discount (WHD)? If this resonates with you, we have a place for you on our journey to . Saving Sessions, as the new scheme is called, will allow Octopus 1.4 million smart meter customers and around 5,000 of its business customers to reduce their usage during times of peak demand and get paid to do so. Registered office: UK House, 5th floor, 164-182 Oxford Street, London, W1D 1NN. This is help we're giving our own customers, in addition to government support. Peel Park For help switching and saving money, give Utility Switchboard a call on 020 3992 7717. The Government has hinted that it could U-turn on its proposed ban on the sale of new gas boilers by 2035, as energy experts have warned that heat pump costs will not become cheaper. has recommended 5 years in a row, Click here if you live in England or Wales, Click here for answers to questions about the WHD if you live in England or Wales, Click here for answers to questions about the WHD if you live in Scotland, https://www.gov.uk/the-warm-home-discount-scheme, Business, Energy, and Industrial Strategy, Scottish Postcode Directory (SPD) | National Records of Scotland (nrscotland.gov.uk). Octopus Energys head of finance Stuart Jackson said: We held our standard variable tariff meaningfully below the price cap through that period and effectively provided some shielding to customers against the rising wholesale cost.. *based on a customer who turns down 1kWh in ~25 events (1-2 per week) at an average 4/kWh. Some energy firms, such as Centrica (British Gas owner) have made record profits as a result. This scheme provides a 140 discount off your electricity bill directly to your energy company. Most energy suppliers will provide free gas safety checks to anyone who has a disability or health conditions. Households that qualify for the Warm Home Discount will be sent a letter from HM Government. Letters are due to be sent to qualifying customers between November 2022 and mid-January 2023, confirming that they are eligible for the rebate and any next steps. This scheme was set up by the Government in 2011 and has helped millions of low-income and vulnerable households since, bringing us one step closer to ending fuel poverty. Traditional Prepayment customers will get a voucher they can redeem as top up credit for their electricity meter. Employment and support allowance (ESA) - up to 117.60/week plus top-ups. This comes as energy bills are costing Britons around double the amount they were being charged in 2021. At Cadent we're excited to be part of the future of UK energy! Jackson, who owns a 7.4% stake in Octopus Energy, amassed a paper fortune of an estimated $155m (115m) after the company's 2bn valuation last year, making him one of the most successful . You've disabled JavaScript in your web browser. The Warm Home Discount is a one-off payment to reduce eligible customers' bills over the winter months. This payment is only applicable between 1st November and 31st March, and is paid into the same bank or building society account that you receive your benefit payments to. If you're on a variable tariff, the energy price cap sets the maximum unit rate and standing charge you'll pay. Next week Ofgem will confirm the price cap on what energy suppliers . Existing crisis support schemes such as the 400 Energy Bill Support Scheme for all households, and up to 1,200 for the most vulnerable households, will still remain in place. With our handy, hassle-free app, you're in control. Eligible customers will be identified based on Low Income Criteria and High Energy Costs Criteria. Customers will be contacted in writing by mid-January 2023 to be advised of their eligibility for the scheme. Please report this to us at info@utilityswitchboard.com. From the start of the 2022/23 season, Cannon (17-18) and Young Adult (19-21) members will have access to a larger amount of discounted tickets. If you move house after the 21 August 2022, you can contact your old electricity supplier to confirm your new address and arrange payment. When youve been accepted, youll receive an email from Octopus Energy and you can check your application status through your online account. For people who don't pay council tax by direct debit, they will get a letter from the council telling them how to get the 150. The site owner may have set restrictions that prevent you from accessing the site. Visit the gov.uk page for council tax rebate for more detailed information. Youll receive a letter from the Department of Work and Pensions (DWP) in the Autumn to tell you that youve been accepted and will be paid your 140 automatically by the end of March. 30% Off Octopus Energy Coupons & Promo Codes - Feb 2023 All (60) Verified (37) Codes (53) Deals (7) 50 OFF Code 50 Credit For You And Matt If You Sign-up Now Details Verified Last used 8 hrs ago gy Get Code 10 CODES Free Try All Octopus Energy Codes Automatically at Checkout Details Trusted by 1+ Million Members 10 Get Codes 50 OFF Code Octopus Group, a financial services and energy firm, which manages more than $10.7B of funds. They'll send you a letter letting you know whether: Is based on being in receipt of means-tested benefits or tax credits, which includes: * Households in receipt of Tax Credits must be below a household income threshold, adjusted according to household composition. Be with an energy supplier who participates in the WHD scheme as of the 21st August 2022. Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution. The money is not paid to you - it's a one-off discount on. The energy price cap went up in October, and is set to rise again in April. Under Core Group 1 or Core Group 2, either you or your partner can be in receipt of the relevant benefit or Pension Credit Guarantee Credit, so long as one of you is listed on the electricity bill or account of a participating supplier. However, if youre in the broader group, you might lose out when you switch. With operations in 13 countries, Octopus Energy Group's mission is going global. They will use data from the Valutations Office Agency (VOA) - another Government department - to identify households which are likely to have high energy costs. Domestic energy customers are people who pay for the electricity and gas they are using for their homes, not for businesses. In this guide, weve covered what help energy discounts for disabled and low-income households are available ahead of the winter months. Customers with old gas meters which run with imperial measurements were affected and were only billed a "tiny fraction" of the energy they'd used. The move contributed to a 141million operating loss for the last financial year, to the end of April 2022. Any products or services displayed on this webpage may only represent a portion of the options available to you. The only energy supplier Which? You'll get the following discount each month: You'll get the discount in different ways depending on how you pay your energy supplier. Octopus go Four hours of 5p/kWh super off-peak electricity every night from 12:30-04:30am. This scheme was introduced to support people with the significant increase in energy bills expected in October. You shouldnt have to do anything and your discount will be added to your account or sent as a voucher in the post if you have a prepayment meter. Where its colder and darker, we have the heating and lights on more than we usually would, increasing our energy bills throughout the winter. The dips are known as "boost periods" from 04:00 - 07:00 and 13:00 - 14:00. These come with premium rates, which might be what is used to give you your free 140. A one-off 150 payment to help with heating for disabled people will be made to anyone who receives: To qualify, you must have received at least one payment for one of these benefits before 25th May 2022. Or, even set a private security password to help you identify that our team or partners are who they say they are when we get in contact. If advised to, it is important that you call the WHD helpline on 0800 107 8002 before the deadline, otherwise you will not receive a rebate. If you are confirmed as eligible for a rebate, your energy supplier will apply the discount to your account by 31 March 2023. Visit the gov.uk page on Warm Home Discount (Scotland) for more info. You will qualify for this scheme if you get the Guarantee Credit element of Pension Credit, or if youre on a low income and meet your energy companys criteria for the scheme. Thousands of Octopus Energy customers have been accidentally undercharged by 99.9 percent due to a technical error and they dont even have to pay a penny back. Hey I'm Constantine, welcome to Octopus Energy! DON'T MISS Thousands urged to switch off electricity tonight in new test [RPEORT] Octopus Energy absorbs another supplier as 60,000 customers warned [INSIGHT] Mum's solar panel perks which includes making money from energy [REVEAL]. Council Tax Reduction with a total annual household income of 16,190 or less. If you are having trouble reading your statements for any reason, contact us and we will assist you. We cover bothnew and second-hand scooterswith 24/7 recovery assistance and puncture care available. You no longer need to apply for the Warm Home Discount through your energy supplier. Let us help you out with your query. Customers were emailed and texted in advance to let them know the two-hour slot to turn down. There are a few different support schemes involved: This scheme is a discount from Government to everyone in the UK who is a domestic energy customer. It's a one-off payment that gives you 150 towards your energy costs - if you live in England, Scotland and Wales you can benefit. Collectively our customers saved nearly 4,000,000 in bills, and 14.3 million tonnes of CO2. This freezes the annual bill for a typical household at 2,500. We would expect your new supplier to provide you with the rebate. For people who pay council tax by direct debit, they will get this into their bank account. If youre worried about just how you are going to afford your hot water and heating in the winter months, the following energy discounts for disabled people, and schemes for lower-income households might be helpful to you. A means tested benefit is one where the money, and whether you can have it, are based on how much money you make and already have. The WHD Helpline is not your energy supplier. This code gives customers 5% off at Octopus Energy. Since then, the award-winning firm has become one of the. 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