EDF pledges winter rebate to pensioners
Simon Read is Personal Finance Editor at The Independent. He edits the Saturday Your Money section and writes the Daily Money column and Wednesday’s Midweek Money section in i newspaper. He also writes for the news and business pages of the Independent and i newspaper and is a regular money commentator on TV station London Live. He has won numerous awards including Consumer Finance Journalist of the Year.
Tuesday 27 March 2012
EDF Energy will hand out average £40 rebates to struggling pensioners this winter. The move – which will help 150,000 older people – follows The Independent Fair Energy campaign and will cost the French-owned firm £6m.
The cash will be given to needy people to ensure they don't pay more than they need to for gas and electricity.
They will get a rebate on their bills if they pay more than the cheapest prices charged by the firm.
Vincent de Rivaz, chief executive of EDF Energy, said: "It's simply unfair that vulnerable people end up paying more for all sorts of reasons. We are trying to address this long-standing issue."
But Gillian Cooper, head of energy retail at Consumer Focus, said the company needs to go further than just targeting pensioners.
"There are many other vulnerable households who are facing tough choices between cutting back on their energy or other essentials to make ends meet," she pointed out.
- 1 Moscow voted the world's unfriendliest city
- 2 The excuses your boss is most likely to believe when you call in sick
- 3 I'm pansexual – here are the five biggest misconceptions about my sexuality
- 4 More than 11,000 Icelanders offer to house Syrian refugees to help European crisis
- 5 If these extraordinarily powerful images of a dead Syrian child washed up on a beach don’t change Europe’s attitude to refugees, what will?
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
Senior British politicians tell David Cameron: When dead children are being washed up on beaches, it's time to act
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
If these extraordinarily powerful images of a dead Syrian child washed up on a beach don’t change Europe’s attitude to refugees, what will?
If you're not already angry about the refugee crisis, here's a history lesson to remind you why you really should be
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up
Negotiable: Recruitment Genius: This recognized leader in providing software s...
£40000 - £42000 per annum: Recruitment Genius: This is an exciting opportunity...
£35000 - £40000 per annum: Recruitment Genius: This IT support company has a n...
Negotiable: Recruitment Genius: A works engineer is required in a progressive ...