Money A+E and Rooted Finance Have Been Awarded £200,000 of Funding From The British Gas Energy Trust
Updated: Jun 27
The British Gas Energy Trust is investing around £13m to help people in or close to fuel poverty by funding 38 frontline money and energy advice services across Britain.
Now in its 20th year, the Trust has helped more than £2.2 million people across the UK with energy debt grants, funded money and energy advice services and emergency fuel vouchers. In the last 12 months, the Trust has written off £5.2 million worth of energy debt and provided £20.5 million in grants to help those struggling with energy costs.
Money A+E and Rooted Finance have received £200,000 jointly from the Trust, to deliver vital support to local communities over the next two years. The Trust awarded the funding following a nationwide mapping exercise which identified organisations that are best placed to help people avoid the burden of energy debt and make better informed energy and money management choices.
More than six million households across the UK remain in fuel poverty1. With this funding, Money A+E hopes to continue provide free one to one debt, energy and money advice for people from disadvantaged and diverse ethnic communities, who live in London.
The support we provide includes debt, energy and money advice, fuel vouchers for those in fuel poverty and energy workshops. We plan to support around, 348 people through our advice service and award 449 energy vouchers worth £22,000. This will support at least 150 people. In addition to this we plan to support approximately 48 people with energy workshops.
Greg, COO & Co-Founder of Money A+ E, said:
We are grateful for the ongoing support from the Trust. Their funding allows us to continue supporting people hit the hardest by poverty with money, energy advice and education. The communities we serve are disproportionately affected by poverty and financial exclusion. Funding like this allows us to reach these communities and make a long-term impact in their Individual lives, families and the community.
Jessica Taplin, CEO of the British Gas Energy Trust, said:
“I am thrilled that the Trust can continue this essential support across Britain. These funded money and energy advice services address root causes of fuel poverty such as poor money management and home energy inefficiency with an increased focus on the holistic support of increasingly complex cases and energy advice. With this funding commitment of £13m over the next two years an estimated 35,000 people across Britain will have access to these key frontline services in the heart of their community, with 60% receiving the critical in-depth support they need, thanks to Trust funded projects like Zinthiya Trust in Leicester or Bromley by Bow Centre in London."
About British Gas Energy Trust
The British Gas Energy Trust is an independent Charitable Trust established in 2004 and independent from, but solely funded by, British Gas. Its mission is to alleviate the detrimental impact of poverty, with a focus on fuel poverty. Support is delivered through three programmes: debt relief grants which can help households with up to £2,000 in fuel debt; a small grants programme that provides emergency energy vouchers and payments; and a programme that funds over 40 money and energy advice projects throughout Britain.
About Money A+E
Money A+E provides money advice & education to disadvantaged groups, Diverse Ethnic Communities (DEC) and young people. At Money A+E we believe that a greater understanding of money through advice and education transforms lives.
Our mission is to empower individuals by providing accessible, independent, and effective money advice and education.
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