🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

UK government starts energy bill support for Northern Ireland households

Published 16/01/2023, 08:30
© Reuters.
NG
-
ENRY
-

(Reuters) - Households across Northern Ireland will start getting a 600 pound ($733.86) UK government energy support announced last month from Monday, Britain's energy department said.

The UK government has announced packages to help households amid a cost-of-living crunch after British natural gas prices began to pick up sharply in the second half of 2021, and soared after Russia invaded Ukraine in February last year.

Customers paying energy bills using prepayment metres or quarterly standard credit will get vouchers, which can be redeemed at post office branches, with delivery continuing throughout this month and the next, the energy department said on Monday.

The delivery schedule of the support payment was announced after the UK government on Dec. 19 revealed the single 600-pound payment, comprising 400 pounds paid through the Energy Bills Support Scheme Northern Ireland and the rest as part of Alternative Fuel Payment scheme, a one-off payment to help with winter energy bills.

A statement from the energy department said customers who pay through the Direct Debit system will get the incentive directly into their bank account through their supplier from this month.

($1 = 0.8176 pounds)

 

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.