£200 energy bills support scheme consultation

superkoopauk

In case this hasn't been posted already BEIS have released the consultation on how the scheme (aka the £200 loan, not loan) would work.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1068148/energy-bills-support-scheme-consultation.pdf

Main points I picked out

• To be paid per electricity meter not per household
• The £200 will be held against usage so no customers will be receiving money directly from the suppliers as a result of this
• Suppliers should look to reprofile customers’ direct debit levels over the six-month period to 31 March 2023 in line with the credited amount
• Traditional PPM customers to get 5 * £40 worth of vouchers or SAM's
• Preference for the £200 to be recovered in £40 chunks over 5 years through the DNO's (i.e. DNO's to incorporate this into charges to suppliers who will be able to pass these to customers via the price cap)