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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

Almost one million households could see energy bills spike as major service to close down

Over 820,000 households could see their energy bills increase when a major service closes down next year.

These households have electricity meters that rely on the Radio Teleswitch Service (RTS) to set the rate of energy - this will charge them cheaper rates depending on the time of day.

The devices, such as Economy 7 and other multi-rate energy tariffs, pick up the different energy rates through the RTS signal - this is broadcast alongside the long-wave channel for BBC Radio 4.

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