In the coming months, UK households’ energy bills will rise by 11% on average (or £139/year) after wholesale gas prices have soared to all-time highs, according to the energy regulator Ofgem. This sharp increase in energy bills will hit particularly hard to vulnerable households, who are already facing rising inflation and a reduction of £1,040/year on their Universal Credit.
Our benefits calculator includes the following benefits to help vulnerable households to pay for their energy bills – you can view here our full benefits coverage:
Households qualify for these benefits if they get means-tested benefits such as Universal Credit, Pension Credit or Housing Benefit. Over a third of our users are entitled to £140 per year on benefits to help them to pay for their energy bills, but these benefits have a wider reach and impact on the following segments:
There are over 8mn vulnerable households not claiming benefits because they wrongly assume that they are not eligible or think that the application is too complicated. Therefore, these households are automatically disqualified for energy-related benefits. Moreover, households still need to apply for these energy-related benefits and, more often than not, people miss them because they are not aware that these benefits even exist or do not know how to claim them.
Our partners use our benefits calculator to make sure that their vulnerable customers access all the support available to them, including benefits to help to pay for energy bills. Feel free to reach out if you want to see our platform in action and learn how we are helping vulnerable customers to access their benefits and improve their financial resilience.