energy costs payment

If you're a part of the ICAEW community and struggling to pay for energy costs such as heating, gas and air conditioning, we may be able to help*

*Our energy costs payment is available for anyone eligible for caba's services on low income who's in need of financial support. If you receive a means-tested benefit, you automatically qualify – all you need to do send your benefit entitlement notice and most recent bank statement by email, via the portal or by post. Unsure if you meet the criteria?

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 worried about paying your energy bills? we can help

As the days get colder, you might find yourself worrying about heating your home. Rising energy costs and worrying about bills can be overwhelming and can add even more stress to your life. But we’re here to help. 

Our means-tested £550 energy costs payment can take off the financial pressure, and can be used to help pay for: 

  • Gas, oil and electric bills 
  • Back-up batteries 
  • Air conditioning units 
  • Back-up generators 

am I eligible for the energy costs payment?

Don’t worry if you’re not receiving any means-tested benefits – you may still be eligible. Our application form takes income, expenditure, assets and debts into account. If you’re on low income and have capital of less than £16,000, you will most likely qualify.

Across 2023 and 2024, we awarded over £113,850 in energy costs payments worldwide to help chartered accountants cope with the increasing living costs.

We pledge to continue to fund future fuel payments to prevent fuel poverty and financial struggles with energy bills. If you think you may be eligible to receive this payment, don’t hesitate to contact our support officers who can help. 

 

You may be eligible for a range of UK benefits including Universal Credit and Pension Credit. Our handy blog outlines the different types of UK benefits and the financial support they offer.

read more here

how can I reduce the cost of my energy bills?

It can be difficult to keep on top of increasing household bills. We have an array of advice for how to reduce your energy consumption, from conserving heat in your home, to reducing water consumption.

If you're struggling to pay your energy bills, it's also important to speak to your energy provider as they have a duty to offer support. You can also use comparison sites to ensure you're getting the best deal for your usage.

international support

We also offer support internationally, providing the equivalent of £550 in an energy payment. Hear from a caba client in Pakistan below:

caba helped with the purchase of a new air conditioner unit for me and my family. It gets very hot and humid here in Pakistan with temperatures crossing 40+ degrees Celsius so a fully functional air conditioner was in need.

caba client

Living in Pakistan

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cost-of-living support

Financial support can help you cover bills and unexpected costs. Our means-tested grants and donations can be short term or one-off payments that you won't have to pay back. These can be put towards essential living payments, home repairs, funeral costs and even ICAEW membership fees.

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emotional support

If you’re feeling overwhelmed with finances and it’s affecting you and your family’s wellbeing, it may be time to reach out to us. We can assess your situation and figure out the best next steps for you, whether that’s counselling or support for anxiety.

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cost of living support

If you're struggling to make ends meet during the cost-of-living crisis, our free and confidential services can help ease your money worries.

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pensions: what to do if you haven't got one

If you haven't got a pension, you could be worried about how you're going to afford to live when you retire. Here we discuss what your options are if you don't have a pension to fall-back on during retirement.

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debt toolkit: six-step guide to sorting your finances

Support Officer and debt expert Lee Melling explores the steps you can take to tackle debt effectively. He also reveals how we can help you improve your financial situation.

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back to school payment

Don't let rising costs hold your child back from a great start to the school year. Our back-to-school payment is designed to cover essential school supplies, like uniforms, shoes, PE kits, and more.