A warning has been issued to UK residents to record their energy meter readings before the Ofgem price cap rises on January 1, 2024. The cap will increase from £1,717 to £1,738 per year for a typical household paying by direct debit. It's crucial to submit meter readings, especially for those without smart meters, to avoid being charged higher rates based on estimated usage.
Brits are being issued a warning to take an energy meter reading before bills go up across the country. It comes before Ofgem 's new price cap will come into place on January 1, rising from £1,717 a year to £1,738.
Otherwise, if you're covered by the price cap and don't have a smart meter, it's crucial that you take a meter reading on December 31. This helps to ensure that your supplier is not charging you higher rates for energy usage prior to the price cap update. "A fixed tariff could help households avoid peak winter rates and give financial stability for at least a year. Some of these deals are up to 7 percent below the predicted October price cap.
If your meter has two rows of numbers, both readings will need to be noted down. If you have a dial electricity meter, each dial will turn in the opposite direction to the one before - ensure you check which way they are going before taking a reading.
ENERGY PRICE CAP OFGEM SMART METERS UTILITY BILLS
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