Households would be wise to take a meter reading before the energy cap comes into effect
The upcoming energy price drops will have many breathing a sigh of relief, but there's one savvy thing people should do before they become official.
In order to keep your usage - and billing - accurate, it's wise to take a meter reading before the price change is introduced. That means households should make sure to take down a meter reading before the clock strikes midnight on Friday evening. For example, if your meter reading is lower than your estimate from your supplier, you can ask your provider to lower your monthly direct debit to a more suitable amount.
This price from July will be cut from an equivalent of 50p per kilowatt hour to 30p for electricity, and from 13p to 8p for gas - but the standing charge will stay at 53p and 29p.
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