First introduced by New Labour in 1997, the Winter Fuel Allowance (also known as the Winter Fuel Payment) is a yearly payment made to individuals who have reached state pension age to help meet the costs of energy bills over the winter months. This payment has been a constant for the past 27 years, spanning…
As temperatures drop, households across the UK are facing the challenge of rising energy costs. Adding to the pressure, recent changes to the Government’s Winter Fuel Payments have limited eligibility, leaving fewer people receiving support. This year, roughly 1.5 million pensioners will qualify for the Winter Fuel Payment, almost 10 million less than previous years.…
Managing energy debt can be overwhelming, especially when utility bills become unsustainable. To help you stay in control of your finances, this guide provides an overview of what utility debt is and how, if at all, it may be possible to write off this form of debt. What is utility debt? As the name suggests,…
Back in October 2023, the BBC reported that energy firms were holding £8.1bn of customers’ money. A surprising number of people may be unknowingly funding a small fortune in overpayments to their energy providers In this article, we’ll explore how to find out if you’re owed money and how to get it back. Understanding energy…
From 1st April, the typical annual energy bill fell to £1,680 – the lowest it’s been since 2022. However, with the cost of bills still much higher than they were pre-COVID, people are still looking for ways to save. In this article, we’ll compare gas meters vs. credit and explore why approximately four million people…
Latest internal statistics at MoneyPlus show a sharp rise in cost of living related enquires and predict further rises later in 2022.