Switching Supplier/Warm Homes Discount

Man_Overboard_2

I am currently halfway through switching my electricity supplier. I am in receipt of Guarantee Pension Credits which entitles me to Warm Homes Discount

When I initiated the switch, I forgot to ask about WHD, but I checked my account with my existing supplier today, and WHD was credited 10 days ago - phew!

I wonder what would have happened if I had switched a couple of months ago

As soon as my switch is complete, I will call DWP to make sure that next year's WHD will not be lost!

retiredin2011

and WHD was credited 10 days ago

Is this the same £130 pound that was credited last year?

Man_Overboard_2

retiredin2011 wrote: »

Is this the same £130 pound that was credited last year?

No, it's another £130! Actually, I thought it was £120 last year, but I'm not totally sure

BargainGalore

Not sure what you mean by another £130 the only scheme I know of is the warm home discount which is £130 and there are certain criteria to meet

http://www.direct.gov.uk/en/Pensionsandretirementplanning/Benefits/BenefitsInRetirement/DG_185940

Man_Overboard_2

BargainGalore wrote: »

Not sure what you mean by another £130 the only scheme I know of is the warm home discount which is £130 and there are certain criteria to meet

http://www.direct.gov.uk/en/Pensionsandretirementplanning/Benefits/BenefitsInRetirement/DG_185940

I meant to say that we had one payment last year, and another payment this year

Richie-from-the-Boro

Man_Overboard wrote: »

I am currently halfway through switching my electricity supplier. I am in receipt of Guarantee Pension Credits which entitles me to Warm Homes Discount

When I initiated the switch, I forgot to ask about WHD, but I checked my account with my existing supplier today, and WHD was credited 10 days ago - phew!

I wonder what would have happened if I had switched a couple of months ago

As soon as my switch is complete, I will call DWP to make sure that next year's WHD will not be lost!

"""was credited 10 days ago""" - see ?

- the big six & other contributors are already informed by the DWP !
- when you switch your door number & postcode identify you as 'passported'

Man_Overboard_2

Richie-from-the-Boro wrote: »

"""was credited 10 days ago""" - see ?

- the big six & other contributors are already informed by the DWP !
- when you switch your door number & postcode identify you as 'passported'

Well that's ok then. thanks...

The qualifying date for WHD is in the summer - if I had changed supplier in the meantime, then how would I have received my money?

MK55

Man_Overboard wrote: »

Well that's ok then. thanks...

The qualifying date for WHD is in the summer - if I had changed supplier in the meantime, then how would I have received my money?

you wouldn't get it. once the deadline has passed the new supplier cannot register you, and the old provider does not have to pay you as they only get allotted money per active account.

Man_Overboard_2

MK55 wrote: »

you wouldn't get it. once the deadline has passed the new supplier cannot register you, and the old provider does not have to pay you as they only get allotted money per active account.

You may be right, but I am not convinced - my reading is that the supplier at the time of the deadline is obliged to pay the discount - my worry is that they would have lost my bank details if I had ceased dealing with them in the intervening few months

Richie-from-the-Boro

Man_Overboard wrote: »

You may be right, but I am not convinced - my reading is that the supplier at the time of the deadline is obliged to pay the discount - my worry is that they would have lost my bank details if I had ceased dealing with them in the intervening few months

- you're wrong my friend, its applied at the 'end point'
- otherwise someone with an annual bill of £1k could change supplier 7 times a year
- and get an annual bill of £0.000 [Zero]
- or change 8 times, pay £0.000 [sod all] and get a rebate of +£125.00

You are entitled to 1/12th of £130pa paid at £10.83pm in a 12 month cycle, regardless of when it starts / ends. If you've found a loophole, I for one hope the industry has protected itself otherwise the 'energy poor' for whom this huge financially beneficial help was designed will be brought into disrepute.

Man_Overboard_2

Richie-from-the-Boro wrote: »

- you're wrong my friend, its applied at the 'end point'
- otherwise someone with an annual bill of £1k could change supplier 7 times a year
- and get an annual bill of £0.000 [Zero]
- or change 8 times, pay £0.000 [sod all] and get a rebate of +£125.00

You are entitled to 1/12th of £130pa paid at £10.83pm in a 12 month cycle, regardless of when it starts / ends. If you've found a loophole, I for one hope the industry has protected itself otherwise the 'energy poor' for whom this huge financially beneficial help was designed will be brought into disrepute.

I'm sorry but I simply do not understand your post - how is it possible to get a year's worth of energy free of charge simply by frequent switching?

My understanding is that the qualifying date for a whole year's WHD is in July - but the money is not paid until later in the year - I have not seen any mention of a monthly rate