£400 credit off the energy bill?

£400 credit off the energy bill?

12:01 PM, 6th October 2022, About 2 years ago 12

Text Size

Dear all, Our utility is supplied by one main meter divided into 6 flats. Tenants are asking for the government’s £400 credit off the energy bill.

How can a landlord with one utility meter give a £400 energy rebate to six tenants with an all-inclusive tenancy contract?

Looking forward to suggestions

Kind regards,

Navin


Share This Article


Comments

Ross Tulloch

13:14 PM, 7th October 2022, About 2 years ago

Surely if they are on inclusive rents, as all ours are, you are paying for all the increases, and get a rebate, it is your rebate. What we do is review the bills every 6 months and have recently raised them, but in another 6 months the rebate will be included in the bills calculation, so they will of course get the benefit. If as part of any review of rents in your case presumably you would do the same

Joanna Fear

13:17 PM, 7th October 2022, About 2 years ago

I understand the government is aware there are some people with no direct access to an electricity meter and no contract with the electricity supplier which will be administering the rebate. We have the same situation and the tenants pay their own gas bills. I have researched on line and the government says it will be making provision for this scenario I am going to contact our suppliers as it is evident that the flats all have individual gas meters.

Marlena Topple

14:17 PM, 7th October 2022, About 2 years ago

I charge an inclusive rent. This gives the tenants protection from rising energy prices as far as I am concerned. I am absorbing the increase in prices and feel entitled to the rebate. I will be keeping the situation under review and if I decide to increase rents to cover increased energy costs then I will of course factor in the rebate.

Martin Roberts

16:15 PM, 7th October 2022, About 2 years ago

Completely agree with the above statements, but be careful:

https://www.bbc.co.uk/news/uk-politics-62978908

I would have thought the £400 was to go to the bill payer, but 'guess who' thinks otherwise.

Some tenants also seem to think it’s a lump sum and landlords already have it.

Marlena Topple

16:34 PM, 7th October 2022, About 2 years ago

Agreed Martin. If I am pushed I will either increase rents to reflect the actual cost of energy or give tenants the choice of having bills put in their name. What won't happen is me paying over the rebate and absorbing energy price rises. People cannot have it both ways. The rebate is not a windfall for either landlords or tenants.

Judith Wordsworth

17:36 PM, 7th October 2022, About 2 years ago

As they are on an inclusive rent and the supply is in your name and you pay the bill they ought not to be entitled to any of the £400.
They could get £400 each, though maybe too late, if the supply in each of the 6 tenants property was separately metered AND they paid the bills.
Tenants cannot ask for "their" share and still expect the landlord to foot the increased bills

Mr Navin Manekporia

11:48 AM, 8th October 2022, About 2 years ago

Reply to the comment left by Ross Tulloch at 07/10/2022 - 13:14
Many thanks.

Mr Navin Manekporia

11:49 AM, 8th October 2022, About 2 years ago

Reply to the comment left by Joanna Fear at 07/10/2022 - 13:17
Many thanks.

Mr Navin Manekporia

11:50 AM, 8th October 2022, About 2 years ago

Reply to the comment left by Marlena Topple at 07/10/2022 - 14:17
Many thanks.

Mr Navin Manekporia

11:50 AM, 8th October 2022, About 2 years ago

Reply to the comment left by Judith Wordsworth at 07/10/2022 - 17:36
Many thanks.

1 2

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Tax Planning Book Now