Utility Companies as Credit Brokers - Info and Remedy
UTILITY COMPANIES OPERATING AS CREDIT BROKERS
All Energy companies are operating as credit brokers. They are supposed to notify you of this prior to you entering into a service agreement.
They must make it clear that you are paying for debt and not for the use of electricity, gas or water.
Under the Consumer Credit Act of 1974, a true contract must be drawn up and therefore adhere to certain acts and statutes before demanding payment.
Download and study the following zip file for more detailed information on:
- Utility Companies operating as Credit Brokers - Notice procedure for Meters - 3-letter Process Guide - Utility Company Remedy - Relevant Acts (Rights of Entry for Gas and Electricity Boards Act 1954, Consumer Credit Act 1974 + 1998, Electricity Act 1989, Companies Act 2006)
File:Utility-companies-are-credit-brokers-master-folder 2025-02-24 1124.zip