Submitted by Michael Tomkinson on Friday 30th September 2022
Published on Tuesday 4th October 2022
Current status: Closed
Closed: Tuesday 4th April 2023
Signatures: 250
Tagged with
Bank of England ~ Banks ~ Companies ~ Direct ~ Energy ~ England ~ Expected ~ Generate ~ Government ~ Loan ~ Millions ~ Money ~ Return ~ The Bank of England ~ The Government
Require all energy companies to pay interest to customers who are in credit
Require that all companies involved in the supply of domestic gas and electricity pay customers who are in credit interest at the Bank of England rates applicable.
Millions of customers are or will be in credit owing to the high Direct Debits they are being expected to pay plus the money being paid by the Government.
This is effectively a ‘loan’ to the energy companies upon which the customers see no return. That money is used by the energy companies to generate more income.
This income should be paid to the customers as interest on the credit.
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3.15.18.66 Fri, 19 Apr 2024 00:57:03 +0100
