UK energy suppliers sitting on £7bn credit belonging to 16m households
by Alex Lawson from World news | The Guardian on (#6B5CB)
Balances with utilities are 5bn higher than April 2022 despite cost of living crisis after customers cut usage
Energy suppliers are hoarding nearly 7bn of customers' money despite a cost of living crisis that has left some households forced to choose between heating and eating.
More than 16m UK households are collectively in credit by 6.7bn to their suppliers, with half of those holding balances of more than 200, research from comparison site Uswitch.com has shown.
Continue reading...