Scots Missing Out on Potential Energy Bill Savings
October 26, 2015
Many thousands of Scottish households are missing out on cost savings they could be benefiting from if they switched their energy suppliers.
According to recent research, some 42 per cent of Scots are not aware that swapping suppliers could save them money on their energy bills and are working on the assumption that their energy outgoings are already as low as they can be.
The latest figures also suggest that the scale of savings potentially available to Scottish consumers is going widely underestimated, with 70 per cent of people nationwide of the belief that swapping energy supplier would only save them around £100 or less, when in fact the savings involved can be significantly larger.
The charity groups Citizens Advice Scotland and the Energy Saving Trust, along with the UK government, all backed the revealing new study, which was commissioned in support of a joint awareness-raising campaign being launched across Scotland.
Hopes are that, as winter approaches, more and more Scots will take the time to find out how they could save money on their energy bills and do so in time to make a significant difference in the coming months.
“By not switching, hard-working bill payers are missing out on hundreds of pounds – savings which could especially help older people heat their homes for less this winter,” said the UK’s energy secretary Amber Rudd.
“We’re spreading the message to help friends, family and neighbours to shop around for a better deal.”
Thousands of individuals and households across Scotland struggle to pay off their energy bills every month, particularly in winter, and for many the issue can contribute significantly to debt management problems.
According to the latest research, 23 per cent of the people polled said that they knew at least one elderly person who has fallen behind in paying their energy bills or been left completely unable to pay them off.
“We’re urging sons, daughters, friends, neighbours and even older people themselves to help each other, or someone they know, to check and make sure they are on the best deal online or over the phone. It could make a real difference this winter,” said Mike Thornton from Energy Saving Trust Scotland.
If you are finding it tough to pay your energy bills and you’re struggling to manage your personal debts then Scotland Debt Solutions can help. Call one of our advisors to find out how.
If you’re worried that the council might take action against you for non-payment of council tax, entering into a Scottish trust deed can be a beneficial step. It stops legal action by all creditors included in the arrangement, and provides a ‘safe haven’ from which to regain control of your finances. As council tax arrears […]
A debt payment programme (DPP) remains on your credit file for six years, along with other default markers and court judgments that have been made against you. This can seriously affect your ability to borrow for this period of time, and longer. Even if you can secure borrowing, lenders are only likely to offer unfavourable […]
If you owe a debt of £5,000 or less, your creditor may send you a Simple Procedure Notice of Claim. This is a relatively new procedure that was brought in by the Scottish government and commenced on 28th November 2016 – their intention being to make it easier to resolve debt disputes. So if you’ve […]
A Bankruptcy Restriction Order may be made against you if it’s believed that you acted dishonestly, recklessly or unlawfully before you were made bankrupt, or during your bankruptcy. Your Trustee will inform the Accountant in Bankruptcy (AiB), and if their suspicions are upheld, a BRO of 2-15 years can be made depending on the seriousness […]
Debt payment programmes (DPPs) are an intrinsic part of the Debt Arrangement Scheme, which allows you to pay off unsecured debt at an affordable rate. If a debt payment programme is rejected by one or more creditors, the DAS Administrator can apply their discretion on whether to approve the plan, after using a test to […]
If you’re struggling to pay your unsecured debts, a debt payment programme could help you to regain control of the situation, and become financially stable again. Debt payment programmes are a fundamental part of the Debt Arrangement Scheme (DAS) in Scotland, and allow you to repay over a longer period of time. These programmes involve […]