As the colder months set in, the rising cost of living continues to put pressure on households across the UK. With recent changes to the government’s Winter Fuel Payment eligibility, some pensioners and vulnerable households are facing additional challenges when it comes to heating their homes. But help is available. Several energy providers, including British Gas and Octopus Energy, have launched initiatives to support those most in need this winter.
Understanding the Support Available
Octopus Energy Winter Fuel Payments
To help those who have lost the government’s Winter Fuel Payment, Octopus Energy is offering financial assistance directly to its customers. Eligible pensioners can receive payments ranging from £50 to £200. This initiative is aimed at those affected by the recent policy changes that turned the Winter Fuel Payment into a means tested benefit tied to Pension Credit eligibility.
Octopus Energy has committed to “stepping up” for its customers by ensuring that those who relied on this government support still have access to much needed financial relief during the colder months.
British Gas Energy Trust
British Gas has reintroduced its Individual and Families Fund, which offers grants of up to £1,700 to help households struggling with energy debts. This fund is open to customers of any energy provider, not just British Gas. Key criteria include:
Having between £50 and £1,700 of energy debt.
Residing in England, Scotland, or Wales.
Seeking a grant for your main residence.
Receiving money advice from a service like Citizens Advice within the last six months.
British Gas is encouraging people to first seek support from their current energy provider, but for those who cannot, this fund offers a lifeline. If approved, the grant will directly reduce your energy account balance, easing financial pressure during the winter months.
How We Can Help
Affordable Credit for Essentials: We offer flexible, fair loans to help you purchase the items you need without falling into unmanageable debt.
Budgeting Support: Our team can guide you in creating a budget that works for your household.
Signposting Resources: Not sure where to start with energy assistance programs? We can help connect you with the right resources, whether that’s applying for an energy grant or accessing advice services.
Fair for You: Supporting You Every Step of the Way
At Fair for You, we know how overwhelming it can be to manage rising costs. That’s why we’re here to provide more than just affordable credit for essential purchases. We’re committed to helping you find the support you need, whether it’s understanding energy schemes or managing household expenses.