Households have been urged to take their energy meter readings – and try to submit them – ahead of prices rising from October 1st.
Submitting a meter reading on September 30th will prevent your energy company from estimating usage and should mean you are less likely to be overcharged when the new price cap starts.
Some utility companies are allowing customers to take readings on Friday but submit them later. British Gas is offering a two-week window allowing customers to submit readings taken on September 30th until October 14th.
The average household energy bill will rise from £1,971 to a frozen £2,500 under the energy price guarantee announced by Prime Minister Liz Truss earlier this month, an increase of 27% from the previous price cap.
The energy price guarantee only caps the cost per unit that households will pay, with actual bills still determined by how much energy is consumed.
October will also see households receive the first installment of the non-repayable £400 payment from the Government as part of the cost-of-living support package.
The £400 will be paid directly to energy accounts over six months in installments of £66 and £67.
