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Do we get £400 or £600 for the energy support scheme?

"Starting the 1 October, you’ll receive a credit of £400 spread over 6 months on your account "
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Comments

  • dunstonh
    dunstonh Posts: 121,200 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Do we get £400 or £600 for the energy support scheme?
    Depends on which support schemes you are referring to.   The £400 is the obvious one but is the extra £200 you are referring to for being on Oil or LPG?

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Are you confusing the £400 Energy Bills Support Scheme with the £650 DWP Cost of Living Payment?
  • alandaniel132
    alandaniel132 Posts: 479 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    edited 29 December 2022 at 6:45PM
    Are you confusing the £400 Energy Bills Support Scheme with the £650 DWP Cost of Living Payment?
    I might confuse.

    £400 is the Energy Bill Support Scheme.

    What happened for next year?

  • What happened for next year?
    Probably nothing. 

    There are larger Cost of Living payments for people who qualify, and the government says they will keep the energy prices down to a certain level for everyone until March 2024 (higher than they are at the moment, but still lower than they probably would be otherwise).  So it is very very unlikely there will be a repeat of the £400 or anything like it next winter.

    Of course, a lot can change in a year so we won't know for certain until we get there.
  • ariarnia
    ariarnia Posts: 4,225 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    What happened for next year?
    Probably nothing. 

    There are larger Cost of Living payments for people who qualify, and the government says they will keep the energy prices down to a certain level for everyone until March 2024 (higher than they are at the moment, but still lower than they probably would be otherwise).  So it is very very unlikely there will be a repeat of the £400 or anything like it next winter.

    Of course, a lot can change in a year so we won't know for certain until we get there.
    it is an election year. 
    Almost everything will work again if you unplug it for a few minutes, including you. Anne Lamott

    It's amazing how those with a can-do attitude and willingness to 'pitch in and work' get all the luck, isn't it?

    Please consider buying some pet food and giving it to your local food bank collection or animal charity. Animals aren't to blame for the cost of living crisis.
  • macman
    macman Posts: 53,129 Forumite
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    edited 29 December 2022 at 6:45PM
    Are you confusing the £400 Energy Bills Support Scheme with the £650 DWP Cost of Living Payment?
    I might confuse.

    £400 is the Energy Bill Support Scheme.

    What happened for next year?
    £200 of the £400 EBS scheme is paid next year: Jan/Feb/March.
    The next election will be in 2024 (latest), not 2023.
    No free lunch, and no free laptop ;)
  • QrizB
    QrizB Posts: 22,025 Forumite
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    macman said:
    The next election will be in 2024 (latest), not 2023.
    Could even be as late as January 2025, although that's unlikely.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
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  • QrizB said:
    macman said:
    The next election will be in 2024 (latest), not 2023.
    Could even be as late as January 2025, although that's unlikely.
    If the Tories know they are going to lose (and they probably are) then they will hold the election at the last possible moment so I would say January 2025 is more than likely.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Last election was 12/12/19, 5 year max takes us to Dec 2024?
    Very unlikely to run that late into the winter, much more likely to go for May or October '24.
    No free lunch, and no free laptop ;)
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