ENERGY FIRM CRISIS
MILLIONS of households across England, Scotland and Wales must check their energy meters before the price cap change next week.which limits the amount that can be charged will be around 10% higher than the current level which has been in place since JulyFor British households, it is now more important than ever to keep on top of meter readings to dodge unexpected bills.
If your bill's not accurate you could be charged more than you should, or if you're charged less, you could end up owingSubmitting a reading helps prevent your supplier for estimating your usage, and means you'll be charged accurately to avoid any disputes.went up in September - either way, having a figure written down at can offer you peace of mind that there is full transparency between you and your supplier.
SVTs are regulated by the price cap, and without a smart meter, readings are not automatically sent to your provider - so if you don't submit one by October 1, your usage will be estimated. We recommend that you still make regular checks to your energy figures, by taking a photo of your meter on October 1 and comparing it to information online and on your paper statements.You also do not need to submit a reading if you prepay for energy, as you'll only ever pay upfront for what you've used.
You'll then need to multiply each standing charge by 365 and add this figure to the totals for your usage - this will then give you your annual costs.
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