Money Matters: Social tariffs could help make your household budget go further
The first of the cooler mornings are here, and before long we’ll be thinking about switching the heating on but for many of us, that will mean higher bills.
If you’re already carefully managing your money, the thought of another increase in your monthly outgoings can be worrying. But as we approach the colder months, it’s worth taking a little time to check whether you could reduce the cost of some of the other essential services you already pay for.
That’s where social tariffs can help.
In this week’s Money Matters column, Chloe Meredith, Housing Plus Group’s Energy Advisor, talks us through social tariffs and how they could help you save money on essential services.
Social tariffs are cheaper deals offered by some service providers to people who meet certain eligibility criteria – for example, those on benefits or who are struggling with their payments. Some providers also offer tariffs to care leavers.
Providers can include broadband, phone and water and switching to a cheaper tariff could free up some money in your budget each month.
The good thing about them is that they are not introductory promotions that tempt you in with lower rates just for the first few months to encourage you to switch providers. They are more affordable packages, that are designed to make sure customers on lower incomes don’t miss out on the essentials.
The services are delivered in the normal way, just at a lower price.
It’s definitely worth speaking to your providers and checking with them what’s available, even if you’ve never qualified for support before. Eligibility varies between providers and your circumstances may have changed.
If you’re unsure about whether you’re eligible – a quick way to find out is to use Money Helper’s benefits calculator.
And while there isn’t one universal social tariff for gas and electricity, there are other forms of help available with energy costs, including grants and schemes for households who are struggling with their bills.
If you’re worried about how you’ll manage your household costs, including your energy bills over the coming months, speak to your energy supplier or a charity such as Marches Energy Agency, Energy Saving Trust, LEAP (Local Energy Advice Partners) and National Energy Action.
Free, confidential money advice is also available through a number of organisations including Citizens Advice, the Money Advice Trust and the Money Helper service.
- Our customers can also speak to us in the Energy Advice team at Housing Plus Group for support and practical advice. Our Energy Advice service is funded by the Cadent Foundation.
