State pensioners are in for a financial boost as the Department for Work and Pensions (DWP) rolls out its Warm Home Discount scheme, promising an "automatic" £150 payment to help with energy bills.
Starting from this month until March, customers of major energy suppliers like British Gas, OVO, EDF, EON, and Octopus Energy will benefit from this initiative.
The DWP's scheme ensures a £150 cut on energy bills for those eligible, with notification letters expected to be rolled out during October.
This discount is not handed out as cash but is instead deducted directly from electricity bills during the period from October to March.
However, the exact timing of when the discount is applied may differ across energy providers, with the deadline extending up until March 2024...
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