This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-41934247
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Pre-payment meter installation cost to be capped | Pre-payment meter installation cost to be capped |
(about 9 hours later) | |
Tens of thousands of energy users will no longer have to pay up to £900 each if they are forced to have a pre-payment meter installed. | Tens of thousands of energy users will no longer have to pay up to £900 each if they are forced to have a pre-payment meter installed. |
From January, energy regulator Ofgem is to set a maximum charge of £150 in such cases. | |
The most vulnerable will see their charges waived completely. | The most vulnerable will see their charges waived completely. |
At the moment about 40,000 people a year are obliged to pay large fees when their energy supplier gets a court warrant to have a meter put in. | |
On average, customers have to pay £400 to cover the costs of the installation. | |
Such costs include court fees, and the use of locksmiths or dog-handlers, if these are needed. | Such costs include court fees, and the use of locksmiths or dog-handlers, if these are needed. |
However, some energy firms already supply such meters for free. | |
'Last resort' | 'Last resort' |
Those who will not have to pay anything include people in "severe" financial difficulty, or those who would find the experience "severely traumatic", for example, due to mental health issues. | Those who will not have to pay anything include people in "severe" financial difficulty, or those who would find the experience "severely traumatic", for example, due to mental health issues. |
Those who are forced to have pre-payment meters installed are frequently in debt in the first place - making it difficult for them to pay the extra charges. | Those who are forced to have pre-payment meters installed are frequently in debt in the first place - making it difficult for them to pay the extra charges. |
"At the moment vulnerable customers face a double blow when they're hit with high warrant charges on top of existing debt - risking making their situations worse," said Rachel Fletcher, Ofgem's senior partner for consumers and competition. | "At the moment vulnerable customers face a double blow when they're hit with high warrant charges on top of existing debt - risking making their situations worse," said Rachel Fletcher, Ofgem's senior partner for consumers and competition. |
"The measures will protect all consumers, including the most vulnerable, from experiencing unnecessary hardship due to having a meter installed under warrant." | "The measures will protect all consumers, including the most vulnerable, from experiencing unnecessary hardship due to having a meter installed under warrant." |
Ofgem also warned suppliers that installing pre-payment meters should be a last resort. | Ofgem also warned suppliers that installing pre-payment meters should be a last resort. |
Customers should instead be encouraged to manage their debt through repayment plans. | Customers should instead be encouraged to manage their debt through repayment plans. |
Since April, the price of energy for pre-payment meter customers has also been capped. | Since April, the price of energy for pre-payment meter customers has also been capped. |
Previous version
1
Next version