Do I benefit from energy bill savings ?

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Vanessa.r

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Post by Vanessa.r » Sun May 15, 2016 11:24 am
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Hi.
I recently changed energy suppliers and now pay quite a bit less per month. Do I benefit from this saving or does this need to be amended on buget form for the annual review?
Thanks
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kallis3

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Post by kallis3 » Sun May 15, 2016 12:15 pm
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Hi,

You will need to tell your IP about this at annual review time. You may find that other outgoings have gone up so you might benefit from it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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stringyAcid

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Post by stringyAcid » Sun May 15, 2016 10:05 pm
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Yes you would if those savings increase your surplus then you should keep half the saving.
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Shining

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Post by Shining » Mon May 16, 2016 7:38 am
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Hi, I always try to keep my outgoings as light as possible and any savings made to me had to be declared at review time. However, as Kallis says one can often outweigh the other as some go up and some down.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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