Price comparison website uSwitch warned that a failure to do so could see millions of people charged the new higher tariff for both October and part or all of September, so leaving them out of pocket
Nearly ten million households could be overpaying on their energy bills by a total of £186 million for just one week's worth of heat and light, experts have warned. Industry specialists are stressing the importance of customers taking and submitting an accurate gas and electricity meter reading on October 1, the date when price cap tariffs are set to increase by 10 percent.
uSwitch advises: "To avoid the higher price cap which comes into effect on 1 October, households on standard variable tariffs who don't have a smart meter should record and submit their meter readings before Tuesday. Those on SVTs without a smart meter who fail to submit meter readings on or around 1 October risk having some of their usage estimated and possibly charged under the new higher rates.
A study conducted by the company revealed a worrying number of households that haven't recently submitted a meter reading because they either don't know how to read their meter , or they don't know where their meter is located . The price comparison website is also encouraging households to consider looking for a new fixed rate deal after several energy firms introduced new tariffs that are set below the new price cap coming into effect next week.
Ben Gallizzi, energy expert at Uswitch.com, said: "Customers who don't have a smart meter should aim to submit their readings before or on Tuesday 1 October, so their supplier has an updated and accurate view of their account.
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