One of the largest consumer credit class action lawsuits is currently in place over the UK’s Renewable Heat Incentive (RHI). These consumers are suing on behalf of themselves and all other consumers who have received a bill due to the excess heat they received. The case has been described as a class action and a lawsuit will be filed in court to protect all those who were effected by the excess heat generated during the winter months.
As the RHI scheme was introduced, there were several complaints about over-heating in the property market. As the RHI costs increased in order to encourage everyone to switch over, the amount of heat generated in the property market has increased significantly.
This increased amount of heat resulted in numerous people being sick or even dying from the high temperature that was created in their properties. The amount of money that was paid as claims also increased drastically. With this situation, it is fair to say that there has been an increase in the number of RHI class action cases that have been filed in the courts. This number is expected to continue to increase because more people become ill due to the heat generated by the RHI.
The claims settlement for the RHI class action lawsuit has been set at up to $10 million for each individual who has filed a claim against the scheme. This is a huge sum of money that was not in place when the scheme was introduced in 2020. When you consider that the sum of money that was originally intended to pay for heating costs has now multiplied exponentially and the amount of claims is also increasing, it is clear that this sum of money has not been enough to make sure that people had enough heat during the summer months.
If the original intentions of the RHI had been a means of saving the environment and reducing fuel emissions, there would have been less claims made against the scheme. However, the majority of individuals who received claims due to the RHI were simply trying to recover a few extra pounds per month or so that they could afford to switch over to a more affordable supplier. They then found themselves having to shell out for the excess heat that was generated because of the increased costs associated with the scheme.
Individuals who had to make claims have also found that the amounts were often very small and that their only avenue of reclaiming compensation was to seek compensation through the courts. Many of these claims have been ruled out of court because there were no legal grounds for them and they were not able to prove that the claims were valid.
There is a high chance of a person getting a suitable claim when he or she files a claim against the RHI, especially if the company who is liable has admitted liability and offered to settle with the class action. In most cases, when a company agrees to pay out for any compensation, they will offer a discount to the person who has brought the action on their behalf.
If you feel that you may be a victim of the RHI, then you should contact a legal specialist that specializes in consumer and personal injury and you can find a company that is willing to handle your case. It is important to remember that you will have to put together your own case and you should take your time to do so in order to make sure that you have a good case. However, the fact that you have taken the time to research this matter and to gather the relevant information will go towards helping you get a good settlement for your claim.