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Energy firms could give back £1 4bn to customers in credit, according to Ofgem

Customers on direct debit pay the same amount each month based on estimated consumption. Typically they build up credit in the summer when use is lower and draw down on the balance in winter. But Ofgem says suppliers should reset the credit balance to zero each year because many people are overpaying. The plan could be rolled out next year. Peter Earl, of Comparethemarket.com, said: “Proposals to return credit balances in a timely manner should be welcomed, especially given the burden the past year has placed on people’s finances. Ultimately, any credit belongs to the customer.” Ofgem wants to limit the amount in credit balances suppliers can keep (Image: Getty )

Every home in country could be sent £65 by energy companies

Every home in country could be sent £65 by energy companies
nottinghampost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nottinghampost.com Daily Mail and Mail on Sunday newspapers.

Every home in country could be sent £65 by energy companies

Every home in country could be sent £65 by energy companies
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Every home in country could be sent £65 by energy companies

Every home in country could be sent £65 by energy companies
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Every home in country could be sent £65 by energy companies

Every home in country could be sent £65 by energy companies
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