Will £400 be paid into gas or electric account?

Helen_

Which utility account will £400 be paid into gas or electric?

NedS

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

MattMattMattUK

Helen_ said:

Which utility account will £400 be paid into gas or electric?

Electricity

doesntnotcompute

NedS said:

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

".... customers with pre-payment meters will have the money applied to their meter or paid via a voucher" Hmm.... prepayment meters can't handle that amount. There would have to be multiple vouchers, I wonder how long they will be valid for.

MattMattMattUK

doesntnotcompute said:

NedS said:

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

".... customers with pre-payment meters will have the money applied to their meter or paid via a voucher" Hmm.... prepayment meters can't handle that amount. There would have to be multiple vouchers, I wonder how long they will be valid for.

Technically most can handle that amount, but there are limits put in place to restrict total topups. Where vouchers are issued my guess would be that they will likely last for a year, which with current and expected prices should present no difficulty in getting through the £400 before they expire. 

Ultrasonic

doesntnotcompute said:

NedS said:

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

".... customers with pre-payment meters will have the money applied to their meter or paid via a voucher" Hmm.... prepayment meters can't handle that amount. There would have to be multiple vouchers, I wonder how long they will be valid for.

I slightly wonder if everyone may be getting multiple payments rather than a single one actually? Below is the statement from the government summary, and surely they don't mean some won't get their £400 till six months after October? I do appreciate it's also being described as a 'one off payment' though. 

• Energy suppliers will deliver this support to households with a domestic electricity meter over six months from October. Direct debit and credit customers will have the money credited to their account, while customers with pre-payment meters will have the money applied to their meter or paid via a voucher.

Spoonie_Turtle

Ultrasonic said:

doesntnotcompute said:

NedS said:

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

".... customers with pre-payment meters will have the money applied to their meter or paid via a voucher" Hmm.... prepayment meters can't handle that amount. There would have to be multiple vouchers, I wonder how long they will be valid for.

I slightly wonder if everyone may be getting multiple payments rather than a single one actually? Below is the statement from the government summary, and surely they don't mean some won't get their £400 till six months after October? I do appreciate it's also being described as a 'one off payment' though. 

• Energy suppliers will deliver this support to households with a domestic electricity meter over six months from October. Direct debit and credit customers will have the money credited to their account, while customers with pre-payment meters will have the money applied to their meter or paid via a voucher.

I would interpret that to mean October is when it starts, and the energy companies have six months to get through everyone.

doesntnotcompute

I'm pretty sure the 6 months thing is 6 payments over 6 months but the prepayment bit says "a voucher" singular.

My prepayment (electricity) meter will not accept more than £255 (I've heard a figure of £255.99 aswell but haven't tested that). I've heard from people topping up prepayment keys beyond that amount trying to load up on the pre April rates (I don't know what happened afterwards to these people but the meters won't accept credit to take them over £255).

Hopefully vouchers plural though, and speaking for me personally with a long use by date....

Ultrasonic

Spoonie_Turtle said:

Ultrasonic said:

doesntnotcompute said:

NedS said:

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

".... customers with pre-payment meters will have the money applied to their meter or paid via a voucher" Hmm.... prepayment meters can't handle that amount. There would have to be multiple vouchers, I wonder how long they will be valid for.

I slightly wonder if everyone may be getting multiple payments rather than a single one actually? Below is the statement from the government summary, and surely they don't mean some won't get their £400 till six months after October? I do appreciate it's also being described as a 'one off payment' though. 

• Energy suppliers will deliver this support to households with a domestic electricity meter over six months from October. Direct debit and credit customers will have the money credited to their account, while customers with pre-payment meters will have the money applied to their meter or paid via a voucher.

I would interpret that to mean October is when it starts, and the energy companies have six months to get through everyone.

Which wouldn't seem remotely good enough and is why I was considering that something else may be meant. If you were someone who felt they actually needed the £400 would you think it reasonable to not be paid it till next April?

MattMattMattUK

Ultrasonic said:

Spoonie_Turtle said:

Ultrasonic said:

doesntnotcompute said:

NedS said:

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

".... customers with pre-payment meters will have the money applied to their meter or paid via a voucher" Hmm.... prepayment meters can't handle that amount. There would have to be multiple vouchers, I wonder how long they will be valid for.

I slightly wonder if everyone may be getting multiple payments rather than a single one actually? Below is the statement from the government summary, and surely they don't mean some won't get their £400 till six months after October? I do appreciate it's also being described as a 'one off payment' though. 

• Energy suppliers will deliver this support to households with a domestic electricity meter over six months from October. Direct debit and credit customers will have the money credited to their account, while customers with pre-payment meters will have the money applied to their meter or paid via a voucher.

I would interpret that to mean October is when it starts, and the energy companies have six months to get through everyone.

Which wouldn't seem remotely good enough and is why I was considering that something else may be meant. If you were someone who felt they actually needed the £400 would you think it reasonable to not be paid it till next April?

I do not think the £400 is actually meant for those who need it, that is why there are the specific other amounts targeted at pensioners, the disabled and low income households. The £400 is likely a combination of a sweetener to allow them to get through the rest of the money and a bribe to try and distract people from the Johnson administration's indiscretions. 

GingerTim

Ultrasonic said:

Spoonie_Turtle said:

Ultrasonic said:

doesntnotcompute said:

NedS said:

Electricity account, as quoted here:

...with all domestic electricity customers receiving at least £400.

https://www.gov.uk/government/publications/cost-of-living-support/cost-of-living-support-factsheet-26-may-2022

".... customers with pre-payment meters will have the money applied to their meter or paid via a voucher" Hmm.... prepayment meters can't handle that amount. There would have to be multiple vouchers, I wonder how long they will be valid for.

I slightly wonder if everyone may be getting multiple payments rather than a single one actually? Below is the statement from the government summary, and surely they don't mean some won't get their £400 till six months after October? I do appreciate it's also being described as a 'one off payment' though. 

• Energy suppliers will deliver this support to households with a domestic electricity meter over six months from October. Direct debit and credit customers will have the money credited to their account, while customers with pre-payment meters will have the money applied to their meter or paid via a voucher.

I would interpret that to mean October is when it starts, and the energy companies have six months to get through everyone.

Which wouldn't seem remotely good enough and is why I was considering that something else may be meant. If you were someone who felt they actually needed the £400 would you think it reasonable to not be paid it till next April?

I would suggest from the wording that 6 × £66.67 is much more likely - the help is going to needed for some from October.