The Rising Debt To Energy Companies

A recent survey released by Uswitch highlights that up to 5 million Brits are in debt to their energy supplier.

The total amount owed by Britons is currently £642 million to their energy company. The average household now owes £126 which is 10.5 per cent higher than 2008’s average debt of £114.

The average home now pays £1,132 a year on gas and electricity. 22% of people who were surveyed said they didn’t have any intention of taking any action to deal with the debt.

 

Debt Support Trust is a registered debt advice charity (SC041902) providing debt advice on a range of debt solutions including;

Benefits Advice

General Debt Advice

Individual Voluntary Agreement (IVA)

Protected Trust Deed

Refinance

Bankruptcy