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£3.09bn in Energy Credit Unclaimed as Millions Urged to Use Two-Month Refund Rule

Guidance urges direct debit users to verify credit levels prior to requesting refunds.

Overview

  • Ofgem estimates about £3.09 billion of customer credit is sitting with energy suppliers unclaimed.
  • Consumer advice, including from Martin Lewis, suggests requesting a payout if your account holds more than two months of direct debit payments in credit.
  • Reports indicate individual refunds could reach roughly £255, though amounts vary by household and usage.
  • Customers are advised to submit up-to-date meter readings, review account credit or debt graphs, and ask their supplier to return any genuine surplus.
  • If a refund is declined, suppliers must explain the decision, and consumers can escalate complaints to the Energy Ombudsman, with Citizens Advice urging a reasonable winter buffer.