| |
Share, Like & Tweet!
|
|
|
|
|
< back to news stories
UK households struggling to pay energy bills – CA
17/01/2012
The Citizens Advice has reported that four out of ten people are nervous that they will struggle to afford to pay their next quarterly energy bill. The Right Equity Release is able to help release funds from your most valuable asset your home. Use the right equity calculator and see how much tax-free money you could release from your home to help increase your retirement pension or help with those dreaded energy bills.
The charity has also reported that consumers are unaware that energy companies are offering support to help insulate homes for their customers.
The CA released this information to the start of their Big Energy Week which is helping consumers save money on their energy bills. The findings from the CA report shows they have helped over 96,000 people with fuel debt problems as prices for energy rocketed. Help boost funds in your home for 2012. The Right Equity Release will provide you with free no obligation advice, free up some funds for a lump sum, or an income or a combination of both. The right equity release calculator will go through a few simple questions with you and help you find out how much equity you could free up.
As we are just about to start receiving the largest energy bill of the year, EDF Energy have announced they will be reducing gas prices by 5 per cent for some of their customers. This does not take into account the 15.4 per cent price increase imposed on EDF customers last November, this will help our struggling consumers but not compensate for the overall price increase.
The CA’s chief executive Gillian Guy quoted “We know hikes in prices have put extra pressure on people’s budgets at a time when money is already tight.”
“We’re worried that some people are struggling unnecessarily because they’re not on the best deal, live in homes that haemorrhage heat or are not getting all of the financial help available to them.”
CA have reported that consumers could be saving around £200 per year on their energy bills if they shopped about for the best deals with alternative suppliers. Prices per Kwh have never been so high, especially in a time when wholesale gas prices have fallen.
The Right Equity Release could help increase your retirement pension especially at a time when around 43 per cent of households are worried about how they will be able to afford their next fuel bill. Don’t put a strain on your finances, use the right equity calculator and see what funds you could release to help boost your retirement income.
|
| |
|