1.9 million owed £240 million in unclaimed energy credit – are you due a payout?

Energy regulator Ofgem is urging home movers to check if they’ve got credit stuck in old accounts

Woman in glasses reading the bill in the kitchen
(Image credit: Getty Images)

Ofgem is urging energy customers to see if they’re owed a share of £240 million in unclaimed credit.

The regulator says 1.9 million closed accounts still have credit in them that needs to be returned, which could be worth more than £100 per household.

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However, this isn’t always possible if suppliers don’t have the customer’s new contact details or address.

Energy customers who have moved home in the last five years are being urged to check letters and emails for final bills and contact their supplier if they think they’re owed cash. They can also log in to their old energy accounts.

Tim Jarvis, director general for retail at Ofgem, said: “Moving house requires a lot of life admin – and it’s understandable that some things will be missed.

“But with almost 2 million closed accounts currently in credit, the message is clear – if you’ve moved in the last five years, reach out to your old supplier, provide them with the correct information, and you could be due a refund.”

However, missing customer details means energy firms can’t always do this and credit can be left sitting in accounts.

Alastair Douglas, chief executive officer of TotallyMoney, said: “You’ll just need to contact your old supplier with your details and the correct information, and they’ll be able to check your old account – an address should be enough if you don’t have your old bills.

“If they do owe you money, they’re required to pay you back – no matter how long ago the account was closed.

“Although some people might just be owed a few pounds, others could be due more than £100 – which could come in useful during the winter months when energy usage and bills are higher.”

How to contact the major energy suppliers

Below are web links to the major suppliers’ customer services information:

British Gas - https://www.britishgas.co.uk/help-and-support/contact-us

Octopus Energy - https://octopus.energy/contact-us/

E.ON Next - https://www.eonenergy.com/contact.html

Ovo Energy - https://www.ovoenergy.com/help

EDF Energy - https://www.edfenergy.com/help-support/contact-us

ScottishPower - https://www.scottishpower.co.uk/contact

For more information on how to keep the cost of your energy down, read our guide to 14 ways to save on your energy bill.

Sam Walker
Staff Writer

Sam has a background in personal finance writing, having spent more than three years working on the money desk at The Sun.

He has a particular interest and experience covering the housing market, savings and policy.

Sam believes in making personal finance subjects accessible to all, so people can make better decisions with their money.

He studied Hispanic Studies at the University of Nottingham, graduating in 2015.

Outside of work, Sam enjoys reading, cooking, travelling and taking part in the occasional park run!