The great energy bill rebate.

samedi 5 février 2022

Apologies if this is posted elsewhere but Martin Lewis the Money saving Expert has this to say about the so-called rebate:

Everyone will get a £200 rebate on their bills in Oct whether they want it or not.
Everyone will then have to pay it back at £40 a year from April 23 for five years whether they want to or not.

This raises possible scenarios such as:

You buy a house from someone who has received the £200 rebate and then have to pay it back yourself because the bill is on that property.

A landlord receives a £200 rebate on their energy bill and the tenants are asked to pay the £200 back when the landlord switches bill paying to them.

Students paying bills on a house get a rebate on their bill one year and then the students moving into the house get to pay it back for five years.

Seems like a good idea to me.


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