The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
This is MoneyMARKET REPORT: Britain's new takeaway giant Just Eat shines on Super Thursday results floodThis is MoneyLoans provider International Personal Finance flopped as it revealed pre-tax profit plummeted 22 per cent to £30.7million in the first half of the year. IPF provides credit to people borrowing small sums, mainly in Europe. Its agents visit customers in ...
Reuters UKBrexit shockwaves hit British jobs, banks, automobilesReuters UKThe 2016 impact of Brexit on Ford, which has 30 percent of its European sales in Britain, was expected to be $200 million, and each year until Britain leaves the EU would cost it $400 million to $500 million. Speaking in Detroit ... 4, when many ...Brexit MortgageBdailyall 268 news articles »
ReutersBrexit shockwaves hit British jobs, banks, automobilesReuters4, when many economists believe it will cut interest rates and might start buying bonds again to pump money into the financial system. "The public are still absorbing ... "Following the EU referendum the outlook for the UK economy is uncertain and ...and more »
This is MoneyI saw £30k knocked off the value of my house after Brexit and now I'm stuck paying a higher mortgage rateThis is MoneyMy partner and I are remortgaging at the moment and since putting in our application before the European referendum, we've been told the value of our house has dropped. Instead of qualifying for a 70 per cent loan-to-value mortgage rate at 1.49 per ...House prices hit record high - but experts warn that could all be about to changeMirror.co.ukBrexit to Weaken U.K. Housing in Near-Term, Nationwide SaysBloombergHouse prices edge up but impact of Brexit remains uncertainWhat Mortgageall 50 news articles »
Reuters UKLloyds to cut 3000 jobs, close more branches after Brexit shockReuters UKThe bank also said Britain's financial watchdog had opened an investigation into how it treated customers who had difficulty repaying their mortgages and said it had set aside 350 million pounds for compensation. Chief Financial Officer George Culmer ...Why I'm not following director buying at Lloyds Banking Group and Vodafone Group plcAOL Money UKall 172 news articles »
Have you met...
Latest Members:


alsabaak


NO


qasrksa


marwasaf


lolo


danny


midomidi2013

 

Compensation from Utility Companies

Brits miss out on more than £60 million of unclaimed compensation each year

Brits are failing to claim nearly £1.2 million of compensation every week from their energy and water companies, according to research commissioned by Disputer.com,  (www.disputer.com) the free online complaints service*.  The study, carried out by international research agency YouGov, revealed that 69 per cent of people are unaware that they can claim compensation from these suppliers when they receive unsatisfactory service.
 
Electricity, gas and water companies are required by law to meet a number of guaranteed service standards*, but the majority of Brits assume poor service and situations such as these suppliers missing appointments are just a fact of life. Worryingly, 89 per cent of people polled were unaware that they are entitled to £20 if these suppliers miss a scheduled appointment. Furthermore, 94 per cent of people did not know that if their water company fails to inform them if they are going to turn up in either the morning or afternoon they could claim the same amount.
 
A mere two per cent of people questioned had requested compensation from a household utilities supplier following a breach of standards in the last 12 months. Lack of awareness of rights was the key barrier to complaining and, once they had been informed of what they are entitled to, 40 per cent of people insisted that they would make a claim in the future. Fears that the process was too complex (one per cent) and not knowing how to make the claim (two per cent) also held back consumers. Twelve per cent of respondents stated that they would have made a claim last year if they had known the correct process, which equates to more than £60m unclaimed compensation in Great Britain last year.  
 
Inde Uppal, CEO Disputer Limited, comments: “Failing to complain has become something of a British pastime and when faced with substandard services or products we tend to just grin and bear it. More often than not, people are also unaware of their rights or simply don’t have the time to deal with a complaint in the right way. Raising awareness of the fact that energy and water suppliers can be held accountable will not only help consumers gain some welcome compensation, but also kick-start suppliers into improving their customer service.”
 
According to the study:
-          Women were less aware of their rights than men, with almost three quarters (72 per cent) revealing they had no idea about the consumer rights presented in the survey, compared to 65 per cent of men
-          Londoners proved to be the least aware, with nearly three quarters not being familiar with any of the compensation situations
-          People in the South West showed themselves to be the most savvy, with less than two thirds (63 per cent) admitting to not knowing their claim entitlements
 
Disputer.com has partnered with Which? Legal Services, CEDR and Minister Law solicitors to ensure consumers receive the right advice and services to help them get what they are entitled to.
 
To make things as simple as possible, Disputer.com will:
•         Create your complaints emails
•         Remind you when to escalate a case
•         Provide templates to assist you in complaining
•         Provide a complete time and date stamped personal record of correspondence via Disputer.com
•         Advise you on what you can consider as your next steps if you cannot resolve your complaint
 
Poor customer service situations that warrant compensation of £20:
 
•    Failure of your water supplier to dispatch a substantive reply in response to a written query about the correctness of an account
•    Failure of your electricity/ gas/water supplier to turn up during a scheduled two hour appointment slot
•    Failure of your water supplier to supply written notice at least 48 hours in advance of your water supply being cut off for more than four hours
•    Failure to give at least 48 hours notice before your gas/electricity power supply is cut off
•    Failure of your water company to inform you if an appointment is in the morning or afternoon










Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks