Over 15million Households Owed £ 200 Payout – But they Need to Act to Get The Cash

Acciting to uswitch, one in ten households have credit balances over £ 300, and 4% have more than £ 500 – yet only three in ten households plan to ashome cash to be returned

Millions of UK Households Could Be Due Payouts Worth Potentially Hundreds of Pounds – But to Get The Cash, They Will Need to Act. Acciting to Research From Uswitch, 15million Households are OWED A Total of £ 3Billion in Energy Credit from their Suppliers.

Acciting to Experts, the Glovenning of May is the perfect time to check the level of energy Credit on your energy account if you pay by direct debit. This is so you should have had the minimum credit in your account, so if you have too too, you can have some back.

With direct debits, your energy supPlier will take your annual costs and divide by 12 -This smooths it out so you are not paying madly High Costs During the Winter Months. Households Should Start Rebbuilding Their Credit Levels During the Spring and Summer, and with this Concept, You Should Have Peak Credit in November. Howver, IMPORTANT TO Note That That Will Depend on How Much Your Direct Debit is and How Much Energy You use.

Uswitch Says Each Household’s Credit Should Be Around Two Months of their Direct Debit. Howver, One in Ten Households Has Credit Balances Over £ 300, and 4% Have more than £ 500. Yet only three in ten households plan to ask for some cash to be returned.

Edinburgh is the “UK’s Energy-Credit Capital” Acciting to the Comparison and Switching Service, with the Average Home Storing £ 224 with their Supplier, while Belfast Has the Least, at Only £ 127. London has the Highest Proportion of Households in Credit.

Uswitch.com is Advising Consumers to Check their Energy Account and Consider Reclaimimg any excess amousts of Credit, which is Generally any amount two months’ Worth of Payments.

Elise Melville, Energy Expert at uswitch.com, Said: “More than Half of Uk Households are Coming Out of the Colds of Year with Credit on their Accounts. During the Energy Crisis We Advised Households to Leave Energy Credit with Supplier to Protec Against Rocketing Prices.

“Howver, with the price cap. Coming down from the energy of the Energy Crisis, consumers with excesses Credit May to consider recaliming some of it. If you have a high credit, you may have suppplier to check that your direct debt at the row. Amout of Energy You use.

“Although Falling Energy Bills is Good News, They are Still HIGH by Historic Standards and Unfortunately, A Significant Number of People in Debt to their Provider. We Recommend That Anyone Who Is It World Energy Bills Should Contact Their Supplier. Offer Advice and Support.

Average Energy Credit Levels for Uk Cities

UK AVERAGE – £ 198 (Households in Energy Credit: 54%)

• Edinburgh – £ 224 (Households in Energy Credit: 42%)
• Nottingham – £ 222 (Households in Energy Credit: 57%)
• Manchester – £ 218 (Households in Energy Credit: 52%)
• Southampton – £ 217 (Households in Energy Credit: 52%)
• Birmingham – £ 216 (Households in Energy Credit: 52%)
• Newcastle – £ 212 (Households in Energy Credit: 57%)
• Norwich – £ 207 (Households in Energy Credit: 49%)
• Brighton – £ 206 (Households in Energy Credit: 53%)
• Leeds – £ 204 (Households in Energy Credit: 57%)
• Glasgow – £ 203 (Households in Energy Credit: 51%)
• Liverpool – £ 197 (Households in Energy Credit: 60%)
• London – £ 189 (Households in Energy Credit: 66%)
• Sheffield – £ 175 (Households in Energy Credit: 56%)
• Bristol – £ 174 (Households in Energy Credit: 43%)
• Cardiff – £ 155 (Households in Energy Credit: 54%)
• Plymouth – £ 130 (Households in Energy Credit: 61%)
• Belfast – £ 127 (Households in Energy Credit: 64%)