www.iva.co.uk

I currently have both my gas and electric with First Utility. Because I have both with them I get a discount. I choose to save te full discount till the end of the year instread of a monthly one. The problem I have is I am due a rebate now of £185 next month ( monthly bill £95.. Can i just keep the extra or do I declare it?

Do you have a windfall clause? Check your paperwork but you might be able to keep it. You could mention it to your ip to be on the safe side.

...or ask them to credit it to your account to help over the colder months to come.

As Foggy says, the best thing to do would be to ask the utility company to credit your account so the money does not come to you directly and is there to compensate when you use more fuel or prices go up. If you receive the money as a cash lump sum payment them you will have to tell your IP and let them decide what to do with it.

Works out at £15 pm , wish i'd asked for the deductions monthly now!

Last year my dual fuel credit came to well over £300 my IP allowed me to keep it as it was below the £500 threshold and was budgeted for in my I&E.

Not everybody has the £500 threshold, so it's worth checking your proposal.

As its been saved off your approved i&e your ip would be hard pushed to justify it being a windfall!

Paul

I have the £500 windfall clause so should hopefully be fine

I think you'll be ok then.